Trader Takes Over 20% of Open Interest in Both Zhipu and MiniMax Contracts
Photo: TokenPost
A single trader built about $3.85 million in long positions tied to Hong Kong-listed AI companies Zhipu and MiniMax on Oct. 27, taking more than 20% of open interest in each on-chain contract. The ZHIPU position covered 40,000 contracts, with an entry value of about $2.83 million and an average entry price of $70.76. The MINIMAX position covered 45,000 contracts, with an entry value of about $1.02 million and an average entry price of $22.71. By contract count, they represented about 20.6% of ZHIPU open interest and 26.4% of MINIMAX open interest. Open interest counts contracts that remain open.
Source: TokenPost
