TechFlow news, July 21, according to Hyperinsight monitoring, ZHIPU on Hyperliquid rebounded significantly today to $149.52, with a low-to-high increase of 31.1%. As of press time, ZHIPU is trading at $146.71.
On the news front, ZHIPU previously completed a placement of 19.78 million new H-shares on July 13; and on July 17, Moonshot AI released the 2.8 trillion parameter open-source model Kimi K3, exacerbating concerns about the competitive landscape of domestic large models, under which it continued to decline. The stock price halved since the H-share placement, recovering a small portion of the losses today.
In this rebound, an address starting with 0x52e6 went against the trend to short early this morning. All these short positions were opened halfway through the rebound. It started building short positions when the stock price recovered about 12% from the low, adding shorts all the way from $127.5 to $143.2; thereafter, the position held through the continued surge before noon, and now there is only about $17 of space left to the liquidation price.
It currently holds ZHIPU short positions with 5x isolated margin, with a position value of approximately $198,700, and a liquidation price of about $163.83; unrealized loss is about $14,100, return rate is about -38.1%, having nearly lost 40% of the initial margin.
Under monitoring, today besides this largest loser, during the rebound in the last 2 to 3 hours, a total of 7 new ZHIPU positions were established with a scale exceeding $50,000, all short orders, with a total holding of approximately $953,200, currently all trapped, with a combined unrealized loss of about $70,800.
In contrast, among longs over $100,000, the cost price is about $149.66, only about 2% higher than the current price. Currently, only the largest long near $159.41 is truly bearing the pressure of being underwater, while the cost lines of the other 4 have been reclaimed by the current price.
