On November 20, HyperInsight data showed that the 'CZ Counterparty' whale address (0x9ee) currently holds an ETH long position on Hyperliquid, with a floating loss of approximately $11.98 million (98%). The position size is about $184 million, with an average entry price of $3,219 and a liquidation price of $2,453. Additionally, the address holds an XRP long position with a position size of approximately $94.31 million, an average entry price of $2.29, and a floating loss of $7.3 million (77%).
On November 2, this address had purchased ASTER on CZ and added to a short position with 3x leverage, becoming the largest holder of ASTER short positions. On November 17, it closed $44 million worth of ASTER shorts at breakeven. Currently, the address has shifted to trading ETH long positions and is the largest holder of ETH and XRP long positions on Hyperliquid.
