ZHIPU has experienced a significant rebound, climbing 31.1% from its recent low to reach $149.52, according to Hyperinsight monitoring. The cryptocurrency is currently trading at $146.71. This sharp increase has resulted in substantial losses for new counter-trend short positions, which have lost nearly four times their principal.
ZHIPU Surges 31.1% from Recent Lows, Short Positions Suffer Losses
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