「Cool-headed King of Short Selling」 Receives Margin Call 31 Consecutive Times, Weekly Loss Reaches $15.3 Million

On November 25th, according to Coinbob Popular Address Monitor, the "Calm Long King" opened another short position in ZEC in the past half hour and added to the position to close the short position in SOL. Additionally, influenced by the continuous rise of BTC in the early morning, the short positions in BTC and SOL opened by the trader have been liquidated 31 times within a few hours, resulting in a total loss of $2.78 million. Even though the trader has continuously deposited $440,000 in collateral into Hyperliquid today, more than half of the position has been liquidated, compared to yesterday: BTC Short Position: Position size changed from $41.72 million to $22.05 million; Unrealized loss is $1.09 million (-194%); Liquidation price is $89,900. SOL Short Position: Position size changed from $30.89 million to $15.12 million; Unrealized loss is $1.18 million (-156%); Liquidation price is $142. The trader turned an initial capital of $3 million into over $30 million in two months. Previously accurately predicting market trends multiple times, attracting market attention. Recently, experiencing two consecutive large-scale liquidations, the account balance remains only $1.24 million, and the weekly loss is $15.37 million.