Woofun AI reports that ZHIPU AI (ZHIPU) declined 15.22% in the past 24 hours to $256.81, leading the drop in the Hyperliquid HIP-3 market. On-chain data reveals a skewed long positioning with an average entry of $277.4, while a $1.02 million whale position faces a 24% unrealized loss. The asset faces triple bearish pressure: cornerstone investor lock-ups expiring on July 8th tripling free float, a planned 15 billion yuan secondary listing raising dilution concerns, and weak valuation support amid a $3.18 billion adjusted net loss in 2025.