ZHIPU The perpetual contract continued to decline, with the largest long position facing an unrealized loss of approximately 1660000 USD
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AT A GLANCE
ZHIPU The perpetual contract declined, and the largest long address had an unrealized loss of approximately 1663000 USD。
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ZHIPU The decline continues, with the maximum unrealized loss of the largest long position reaching 1660000 USD BlockBeats news,October 14, according to TradingBeats monitoring, on Hyperliquid,ZHIPU perpetual contract is currently quoted at 75.31 USD, down from 24 hours ago at 78.26 USD，down approximately 3.76%over the past 24 hours, with a trading volume of approximately 4450000 USD.
In addition,ZHIPU largest long address 0x8b3f…bc6cd still holds approximately 74200 units of ZHIPU long positions, with a position value of approximately 5590000 USD, using 2 x isolated margin, with a current unrealized loss of approximately 1663000 USD and a position return of approximately -45.88%.
Related information: ZHIPU's share price hit a new low for this year, down nearly March from September placement price 20%Original link https://m.theblockbeats.info/flash/371723
Key points
01
On Hyperliquid, the ZHIPU perpetual contract is currently quoted at 75.31 USD。
02
The price is 24 hours ago at 78.26 USD down approximately 3.76%。
03
Over the past 24 hours, the trading volume was approximately 4450000 USD。
04
The largest long address still holds approximately 74200 units of ZHIPU long positions, with a position value of approximately 5590000 USD。
05
The position uses 2 x isolated margin, with a current unrealized loss of approximately 1663000 USD, and a position return of approximately -45.88%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A long position is a position that bets on the price rising; an unrealized loss is a loss calculated at the current price that is not yet realized and is only finalized after the position is closed. 2 x isolated margin means that the position uses leverage, with margin risk primarily limited to that position.
Why it matters to readers
The price decline and sizable unrealized loss indicate that this long position is facing a significant paper loss. Beginners may monitor price movements, position adjustments, and whether liquidation occurs.
This is a market-monitoring report concerning leveraged contracts and unrealized losses; it does not represent a final realized loss.
Risks and unknowns
The information comes from BlockBeats' account of TradingBeats monitoring. The original report did not provide original market quotes or on-chain data that could be independently verified.
The original report does not state whether the address reduced its position, added margin, or was liquidated.
The related stock information and the ZHIPU perpetual contract are not the same asset and cannot be directly equated.
Prices and unrealized losses change with the market, so the data in the report is time-sensitive.
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Related concepts
Perpetual Contract
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
