MON has surged 33% in the last 24 hours, leading to substantial floating losses for short positions on Hyperliquid. The largest short position, held by an address starting with 0xd47, includes 1.81 million MON shorts valued at $7.67 million, with a floating loss of $1.23 million. Additionally, this address holds $33.23 million in ZEC shorts, suffering a $6.08 million floating loss. Despite these setbacks, the address maintains 13 token positions and remains overall profitable by $2.08 million.