ZHIPU rebounds 31.1% from low, an address’s 5x short on ZHIPU has an unrealized loss of $14,100

Odaily Odaily News According to Hyperinsight monitoring, ZHIPU on Hyperliquid rebounded to $149.52 today, a gain of 31.1% from low to high, and is currently trading at $146.71 as of press time. ZHIPU previously completed the placement of 19.78 million new H-shares on July 13; on July 17, after Moonshot AI released the 2.8 trillion parameter open-source model Kimi K3, ZHIPU’s stock price fell by approximately 50% following the H-share placement, and has partially recovered some of those losses today. During this rebound, an address went short against the trend early this morning, starting to build a short position when ZHIPU had recovered about 12% from its low, adding shorts all the way from $127.5 to $143.2. The address currently holds a 5x isolated short position on ZHIPU, with a position value of approximately $198,700, a liquidation price of around $163.83, an unrealized loss of about $14,100, and a return loss of roughly 38.1%, approaching a loss of 40% of the initial margin. Today, besides this largest loser, there have been 7 new ZHIPU positions established during the rebound in the last 2 to 3 hours with a size exceeding $50,000, all of which are short positions. The total open interest for these positions is approximately $953,200, with a total unrealized loss of about $70,800. Among long positions over $100,000, the average cost is approximately $149.66, only about 2% above the current price. Currently, the main long position under pressure is the largest one near $159.41, while the cost lines of the other 4 long positions have all been reclaimed by the current price.