Svmuu News: According to Hyperinsight data, ZHIPU on Hyperliquid rebounded to $149.52 today, with a low-to-high gain of 31.1%; as of this writing, it is trading at $146.71. Zhipu previously completed a placement of 19.78 million new H-shares on July 13; On July 17, after Dark Side of the Moon released the 2.8 trillion-parameter open-source model Kimi K3, Zhipu’s stock price had fallen by approximately 50% from its post-H-share placement high, but it recovered some of those losses today. During this rebound, a certain address went short against the trend early this morning, beginning to build short positions as ZHIPU rebounded by about 12% from its low, gradually increasing short positions from $127.5 all the way to $143.2. This address currently holds a ZHIPU short position with 5x isolated margin, with a position value of approximately $198,700 and a liquidation price of approximately $163.83, with an unrealized loss of approximately $14,100 and a return on investment loss of about 38.1%, representing a loss of nearly 40% of the initial margin. Apart from this largest loser, there have been a total of 7 new ZHIPU positions—each exceeding $50,000—opened during the recent 2- to 3-hour rally; all are short positions, with a combined position value of approximately $953,200 and a current combined unrealized loss of about $70,800. Among long positions exceeding $100,000, the average cost price is approximately $149.66, just 2% above the current price; the largest long position near $159.41 is currently facing the most pressure from being stuck in a loss, while the cost lines for the remaining four long positions have all been reclaimed by the current price.