ZHIPU Surges 8.3% to $269.04 on June 30; Trader Covers Shorts at $252, Re-enters with 3x Leverage

ZHIPU7.34%

According to BlockBeats citing Hyperinsight monitoring, Zhipu AI (ZHIPU) surged 8.3% in 24 hours on June 30 to $269.04 on Hyperliquid, rebounding after a cumulative decline of over 15% from recent highs amid broader strength in Hong Kong tech stocks and AI-related assets.

A trader covered short positions near yesterday's low of approximately $252 and immediately re-entered with 3x leverage, rolling positions as the stock rallied. The trader currently holds approximately $740,000 in positions at an average entry price of $262, marking the highest paper gains among major longs in the current rally.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments