On-chain Intel stock price rally continues, trader "CBB" increases INTC short position to $3.15 million
According to BlockBeats, on April 27, Hyperinsight monitoring showed that after Intel closed up 23.6% last Friday, the INTC contract price on Hyperliquid rose another 3% this morning, once surpassing $85 and currently quoted at $84.7.
On-chain trader "CBB" (X: Cbb0fe) nearly doubled their INTC short position over the weekend, currently reaching $3.15 million at an average price of $77.3, with a floating loss of $270,000 (-23.5%), making them the largest INTC short on Hyperliquid.
In addition, this address is currently shorting more than 20 US stocks with a total size of about $27.8 million. Due to the recent continuous rise of US stocks, the monthly capital drawdown has reached $7.2 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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