Trader "Loracle" shorts AI newcomer CBRS with 10 million, previously hitting a peak with SanDi Yingchao exceeding $1.4 million

robot
Abstract generation in progress
ME News Report, May 15 (UTC+8), according to Hyperinsight monitoring, the well-known trader "Loracle" on Hyperliquid shorted 29,771 CBRS tokens with 5x leverage last night, previously valued at approximately $11.3 million, making it the largest on-chain short position for this asset. The entry and average holding price was about $333.13, with a small unrealized profit of $190k (1.6%), and the current contract price is temporarily reported at $326.6.
It is reported that Cerebras (CBRS) was once called the "strongest challenger to NVIDIA" in AI, and yesterday officially listed on NASDAQ, completing the largest IPO in AI chip history, closing the first day up 68%.
Previously, after this trader raised the "buy" target price on Mizuho Securities, they precisely topped out at SNDK at its target price, opening an $8 million short position, which has now gained over $1.4 million (63%).
Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae (Source: BlockBeats)
CBRS-3.35%
SNDK7.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 7
  • Share
Comment
Add a comment
Add a comment
ASolitaryRockBeforeTheVolcano
· 2h ago
Want to know where he set his take-profit point.
View OriginalReply0
APeacockSpreadingItsTailLooks
· 3h ago
BlockBeats' news latency is a bit high
View OriginalReply0
PaperSculptureSquidward
· 3h ago
Build position at 333, current price at 326, the point is precisely timed
View OriginalReply0
On-ChainCatUnderTheMoonlight
· 3h ago
Short-selling master, recommend creating a paid group.
View OriginalReply0
ProofOfNap
· 3h ago
Short selling new stocks + short selling existing stocks, both strategies flourishing simultaneously
View OriginalReply0
  • Pinned