Monitoring indicates that ZHIPU's largest long position has unrealized losses of approximately 1040000 USD, accounting for approximately 27.1%

AT A GLANCE

ZHIPU Following the decline, the largest long address had an unrealized loss of approximately 1040000 USD, with its holdings accounting for approximately 27.1%。

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🔍 On-chain Detective |ZHIPU Sharp decline leaves largest long position with unrealized losses 1040000 USD, accounting for nearly 3 of all market long positions

BlockBeats news,September 23, according to TradingBeats monitoring,Hyperliquid on ZHIPU's largest long holder (0x8b3) currently holds approximately 74200 contracts ZHIPU long contracts, with a position value of approximately 6210000 USD and an average entry price of approximately 97.73 USD, resulting in unrealized losses of approximately 1040000 USD, making it the address with the largest unrealized losses among current ZHIPU whales.

During the same period,ZHIPU contract open interest was approximately 273300 contracts, with this address accounting for approximately 27.1%of all market long positions.

Reportedly, the address continued expanding its long exposure throughout the current price decline. After briefly realizing losses from September 17, it continued buying from September 18 to 20 at approximately 94 to 94.98 USD, cumulatively adding approximately 2880000 USD long positions and increasing its holdings from approximately 43600 contracts to 74200 contracts, an increase of approximately 70%. As ZHIPU further declined to approximately 83.7 USD, this newly added batch of positions alone incurred unrealized losses of approximately 320000 USD.

Previously, the whale employed a similar countertrend position-adding strategy in another large altcoin long position, and was also PONS's long holder with the largest unrealized losses.September 10, it once held approximately 4257000 USD PONS long positions, with an average entry price of approximately 0.8598 USD and unrealized losses of approximately 1701000 USD, while continuing to add approximately USD positions during the period of unrealized losses; it has now fully stopped out.

Original link https://m.theblockbeats.info/flash/368620

Key points

According to TradingBeats monitoring,Hyperliquid the above address, 0x8b3, holds approximately 74200 contracts ZHIPU in long positions.
The position is valued at approximately 6210000 USD, with an average entry price of approximately 97.73 USD and unrealized losses of approximately 1040000 USD。
ZHIPU One-sided open interest for the contract is approximately 273300 contracts, with this address accounting for approximately 27.1%。
September 18 to 20, this address continued buying from approximately 94 to 94.98 USD, cumulatively adding approximately 2880000 USD in long positions.
The address's position size increased from approximately 43600 contracts to 74200 contracts, an increase of approximately 70%。
As ZHIPU fell to approximately 83.7 USD, the newly added positions alone had an unrealized loss of approximately 320000 USD。
The address previously held PONS in long positions,September 10 with a position value of approximately 4257000 USD and an average entry price of approximately 0.8598 USD, with an unrealized loss of approximately 1701000 USD, and has now fully stopped out.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Long positions are bets on rising prices. This address continued to add ZHIPU to its long positions as prices declined, so its unrealized losses widened after prices fell further; its position size accounts for approximately 27.1%。

Why it matters to readers

A single address holding a large proportion of long positions may cause changes in its position to become a risk signal monitored by market participants.

This shows that “adding to a position during a decline” does not guarantee a price rebound; a continued price decline will magnify unrealized losses.

Risks and unknowns

The real identity corresponding to 0x8b3 was not stated in the original text.
The data comes from TradingBeats monitoring; the original text did not provide independent verification information.
Position and unrealized-loss data change as prices and positions change.

Monitoring indicates that ZHIPU's largest long position has unrealized losses of approximately 1040000 USD, accounting for approximately 27.1%

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