The unrealized losses on CZ's long positions have widened to $26 million, making him the largest long position holder on ETH and XRP on Hyperliquid.

According to Mars Finance, on December 1st, HyperInsight monitoring revealed that the previously reported "CZ counterparty"whale(0x9ee) has seen its ETH long positions suffer a floating loss of $18.32 million (-201%), with a total position size of approximately $149 million, an average price of $3201, and a liquidation price of $2443. Additionally, it holds XRP long positions with a total position size of approximately $80.8 million, an average price of $2.29, and a floating loss of $8.11 million (-100%). This address previously used 3x leverage to significantly increase its short position in ASTER after CZ bought in on November 2nd, becoming the largest short holder in ASTER at the time. It closed its short position at breakeven on the 17th and then switched to ETH long positions, which were partially liquidated on the 21st, resulting in a loss of $7.3 million. It is currently the largest long holder of both ETH and XRP on Hyperliquid.