A single wallet has accumulated a $24.1M short position on Anthropic pre-markets via TradeXYZ and Entropy on Hyperliquid, up $750K and representing 16.5% of open interest.
DeFi & Yields ·
A single wallet has built a $24.1M short position across Anthropic pre-markets on Hyperliquid, spanning the TradeXYZ and Entropy venues. The position, which began accumulating approximately five weeks ago, has already generated unrealized gains exceeding $750K, with the wallet continuing to add to its shorts.
The concentrated bet now represents 16.5% of total open interest across both Anthropic pre-markets on the platform. This concentration underscores the outsized exposure a single trader has taken against the pre-launch token ahead of any official listing or market activity.
Whether the wallet intends to hold through any eventual spot market launch, execute a squeeze play, or hedge against anticipated price movements remains unclear. The scale of the position relative to available liquidity raises questions about execution risk and market impact should the trader unwind.