ChainThink reports that, as of September 8, according to TradingBeats monitoring, ZHIPU is currently trading at $118.12, down approximately 12.8% over the past 24 hours.
The whale starting with 0xddb8 still holds 18,320.38 long positions in ZHIPU, with a position value of approximately $2.164 million, an average entry price of $161.34, an unrealized loss of about $791,900, and a platform-reported return on equity (ROE) of approximately -267.9%.
In addition to the unrealized price loss, this position has accumulated approximately $75,700 in funding fees since opening, bringing the total drag to approximately $867,600.
Jefferies lowered its target price for Zhipu from HK$1,299.80 to HK$1,183.79 yesterday, a decrease of approximately 8.9%, and maintained a 'Hold' rating; converted at the current exchange rate, the new target price is approximately $151 USD, still below the accumulation cost of this whale.
The current open interest (OI) in the ZHIPU market is approximately 87,800 contracts, equivalent to about $10.369 million at the current price. This single large holder’s long position accounts for roughly 20.9% of the total OI.