TradingBeats reported that a ZHIPU address identified as the token’s largest long closed its position for an estimated loss of about $2.71 million on Oct. 20.
Position close
The address, labeled 0x8b3 in the report, closed about 74,200 ZHIPU long contracts with a notional size of roughly $4.54 million. The report put its average entry price at about $97.70 after staggered purchases that began Sept. 11.
Market snapshot
TradingBeats monitored ZHIPU near $61.54 on Hyperliquid, down about 3.40% over 24 hours in the update. These were time-specific market and wallet estimates, not a forecast or a recommendation.
Source: BlockBeats flash.