Whale Builds $25.43M Short on Anthropic Pre-Market Contracts

An on-chain analyst says a whale’s short position in Anthropic pre-market contracts on Hyperliquid has reached $25.43 million and is still growing. Anthropic is expected to go public in about two weeks, with an anticipated valuation of $1.75 trillion, while pre-market contracts across platforms imply a value of around $1.8 trillion. The Anthropic short reflects one trader’s view that the implied valuation may be high; it does not establish broader market sentiment or predict the listing price. No direct effect on Hyperliquid’s HYPE token is reported.
Neutral
The report concerns a short position in Anthropic pre-market contracts, not a direct trade or price signal for HYPE or another cryptocurrency. The position may draw attention to Hyperliquid’s prediction-style markets and prompt short-term trading activity on the platform, but it does not establish a broad shift in crypto sentiment or indicate a change in HYPE’s fundamentals. In the longer term, the impact on HYPE would depend on factors such as platform usage and broader market conditions; this single trader’s position provides no clear directional signal.