A whale wallet beginning with 0xddb has stayed long on ZHIPU for 48 days and has not reduced the position, according to TradingBeats, formerly known as Hyperinsight. The address first opened the trade on the evening of July 6, buying 100 contracts at an average price of $198.5 for roughly $19,900. It then kept adding to the position, lifting total holdings to 18,300 contracts while bringing the blended entry price down to $161.3.
With ZHIPU now quoted at $131.2, the token is down 33.9% from the whale’s first entry and 18.7% below the average cost basis. TradingBeats data shows the wallet is currently holding a roughly $2.404 million long position on 10x isolated margin. The floating loss stands at about $552,000, with a return rate of around -186.8%. Funding costs have added another $52,500, bringing the total pressure on the position to about $605,000.
The monitoring data also shows that the address had not cut the position as of Aug. 24 and had not placed stop-loss or take-profit orders. Based on the current funding rate, the position would incur about $12,800 in additional daily cost under a static calculation, while the liquidation price is estimated at about $63.3.
Whale address 0xddb has been building a long position in ZHIPU for 48 days and had not reduced its exposure as of Aug. 24, according to TradingBeats, formerly Hyperinsight.
The wallet first went long on the evening of July 6, buying 100 contracts at an average execution price of $198.5, with about $19,900 deployed. It then continued to add to the trade, taking total holdings to 18,300 contracts and lowering the blended entry price to $161.3.
ZHIPU remains below both the first entry and the blended cost
ZHIPU was quoted at $131.2, down 33.9% from the whale’s initial buy price and 18.7% below the blended entry cost.
At current levels, the address is holding a long position worth about $2.404 million on 10x isolated margin. The unrealized loss is about $552,000, and the reported return rate is around -186.8%. Funding fees have added another $52,500, putting the combined pressure on the position at roughly $605,000.
No stop-loss or take-profit orders posted
TradingBeats said the address had not reduced the position on the day and had not placed stop-loss or take-profit orders. Based on a static calculation using the current funding rate, the wallet would still need to pay about $12,800 per day, while the estimated liquidation price stands at about $63.3.
TradingBeats also said its on-chain perpetuals and address analytics tool is now live, allowing users to view Hyperliquid data in real time and track whale activity from wallet source analysis to trade behavior.
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