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.