According to CoinMeta, a whale account starting with 0xddb went long on Zhipu for the first time on July 6th, purchasing only 100 shares at an average transaction price of $198.5, resulting in an investment of about $19,900. Since then, this account has continuously increased its position, growing the number of shares held to 18,300, with the average cost of building the position dropping to $161.3. The current price of Zhipu is $131.2, which represents a 33.9% decrease from the initial purchase price and a 18.7% reduction from the average cost. This account currently holds about 2.404 million long positions at a 10-fold leverage, with a floating loss of approximately $552,000 and a return rate of about -186.8%. Additionally, the cost of funding amounts to $52,500, bringing the total pressure to about $605,000. As of today, this account has not reduced its position nor placed any stop-loss or take-profit orders. Based on the current funding rate, it will continue to incur a daily expense of about $12,800, with a clearing price of around $63.3.