When the PCE came out, risk aversion spiked. The average price for ORCL longs was 172, shorts at 181, and now at 150, long positions are deeply trapped. The guy at 0x9df2 opened a 10x short at 224 and made a killing, but too much crowding on the short side can also be a risk at times.

CoinWorld news, AI infrastructure stock Oracle (ORCL) pulled back due to profit-taking, coupled with risk aversion triggered by PCE inflation data, dropping 6.3% in 24 hours, now at $150.2, down 40% from its high earlier this month. On Hyperliquid, the total short nominal size is approximately $2.2 million, 2.11 times the long size ($1 million). The average long price is about $172.68, while the short is about $181.35; the current price has deeply fallen below the long cost line. The largest short address, 0x9df2, is shorting with 10x leverage, with a size of about $770k and an average price of $224.92, with floating profit of about $380k, a return rate of 330%. The nearest long liquidation line is at $146.17, only about 3.2% (about $4.9) away from the current price.