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CryptoWorld News reports that the on-chain trader CBB's sub-address yesterday shorted U.S. stocks in bulk, successfully capturing the Oracle's decline.
This address opened a 3x xyz:orcl short position on HyperLiquid, currently with a floating profit of 30%, a position value of approximately $1.92 million, entry average price of $216, and a liquidation price of $291.
Among the 41 assets it built positions in, the largest is xyz:crcl, a short position worth $3.8 million, currently with a floating profit of $670k.
Affected by the dollar rebound and expectations of Federal Reserve rate hikes, gold broke below the $4,000 mark, and silver dropped about 3%.
This address also heavily shorted copper, MSFT, PLTR, and other assets, with data showing its total holdings exceeding $670k, overall in a high floating profit state.