A whale closed nearly all of its SanDisk short position and reduced its SOXL short position by nearly, generating combined realized profits of approximately 2412000 USD on the trades. The address still holds MU、INTC、SOXL、BTC and HYPE short positions.
BlockBeats, citing TradingBeats, reports that a whale covered short positions in SpaceX, Tesla, Amazon, Microsoft, and Meta during the afternoon rebound in U.S. stocks, resulting in combined losses of approximately 220000 USD.
Hyperliquid on SOXL contracts 24 rose by approximately 11.10%, while notional open interest declined 28.29%and the number of positions declined 35.28%. large accounts collectively covered approximately 7222900 USD short positions.
Bitunix analyst says that rising long-term Treasury yields and accumulating futures shorts mean that PCE inflation and nonfarm payrolls data could become catalysts for a change in yield direction. The analyst also flagged risks from leveraged basis trades and the energy supply chain.
A social media post states that a CXMT ($CXMT) short seller has initiated a 2000000-unit CXMT TWAP buy order, intending to close most of the short position.