Zcash climbs past $1,200, whale short on Hyperliquid shows $25.7 million loss

🚨 Zcash surges past $1,200, forcing a whale's $25.7 million short position into huge losses.
📉 The Hyperliquid wallet shorted 32,760 ZEC at $444, now distracted by the rapid price rally.
💸 The same address holds a $107 million Bitcoin long with $4.4 million in gains, reduced by funding fees.
⚡ Grayscale’s ZCSH ETF launch is driving demand and volatility in $ZEC.

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