Blog

Home News A whale’s ZRO long position partially liquidated, resulting in a $2.88 million loss

A whale's ZRO long position partially liquidated, resulting in a $2.88 million loss

A whale’s ZRO long position partially liquidated, resulting in a $2.88 million loss

BlockBeats News, April 19th, according to Onchain Lens monitoring, KelpDAO suffered a loss of approximately $294 million in the LayerZero bridging exploit. ZRO plummeted from $2 to $1.4, and a whale holding a long position on ZRO on HyperLiquid was partially liquidated, losing $2.88 million. The whale still holds the position, currently facing unrealized losses of over $750,000, with a total loss of about $28.98 million.

Related articles