Hupzy (Spot On Chain)|Nov 06, 2026 01:32
⚠️ Anthropic's pre-IPO contracts fell 𝟴% overnight as Nasdaq dropped 5.5%, with investors growing skeptical the company can command its $1.5T IPO target. One major investor said valuation may need to come down to $1T — a sharp reversal from the $2T+ market cap anticipated months ago.
On Hyperliquid, a whale holding the largest Anthropic short is sitting on $3.76M in unrealized profit after shorting $𝟱𝟬.𝟯𝟰𝗠 notional. Position verifiable: https://hypurrscan.io/address/0xecc846a664e910103c179827dd23fea82cfcd8ce#perps
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Institutional pushback on valuation plus a whale profitably shorting the largest ANT perp on Hyperliquid is an on-chain confirmation of the fundamental concern. A cut from $1.5T to $1T would be a 33% markdown, pressuring pre-IPO perp pricing further. The IPO is still planned before Thanksgiving but today's crash may delay the timeline — watch whether pricing gets revised down.
source: EmberCN
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