Zhipu rebounds 31.1% from low, an address sees 5x ZHIPU short position floating loss of $14,100

Odaily Planet Daily News: According to Hyperinsight monitoring, ZHIPU on Hyperliquid rebounded to $149.52 today, a 31.1% increase from low to high, and is currently reported at $146.71. 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 about 50% following the H-share placement, recovering some of the losses today. During this rebound, an address went short against the trend early this morning, starting to build a short position when ZHIPU recovered about 12% from its low, adding short positions from $127.5 all the way up to $143.2. This address currently holds a 5x isolated ZHIPU short position, with a position value of approximately $198,700, a liquidation price of about $163.83, a floating loss of around $14,100, and a return loss rate of approximately 38.1%, close to losing 40% of the initial margin. Apart from this biggest loser today, there were 7 new ZHIPU positions established during the rebound in the last 2 to 3 hours, each exceeding $50,000, all of which were short positions. The total position size is approximately $953,200, with a combined floating loss of about $70,800. Among long positions exceeding $100,000, the cost price is around $149.66, only about 2% higher than the current price; the main position currently under holding pressure is the largest long position near $159.41, while the cost lines of the other 4 long positions have all been reclaimed by the current price.