🤖 A whale is betting $25M that Anthropic's IPO disappoints.
Anthropic hasn't listed yet. But you can already trade it on Hyperliquid, and one address just went big on the short side.
From the on-chain
• $20.36M short on io:ANTH, the contract that tracks the company's valuation, entered at 1,855.78 (about $1.86T)
• $5.07M short on ANT, the one-share contract, entered at $113.32
• Both at 6x, and the position is still growing
The logic is simple. These contracts price Anthropic around $1.8T, while the Financial Times says investors expect an IPO valuation of $1.5T to $1.75T. If the banks price it lower, the perps have to come down to meet it.
Anthropic filed its S-1 on Oct 26 for a Nasdaq listing under the ticker ANT. The earliest possible first trading day is Nov 16, and Nov 19–20 is the date most often cited.
My read: this is a new kind of casino. Neither contract gives you a single share, yet pre-IPO perps on $HYPE rails are pulling in millions. Crypto is pricing Wall Street's biggest IPO before Wall Street does.
Short Anthropic at $1.8T or go long? 👇
#Anthropic #Hyperliquid #IPO #AI #CryptoNews
Anthropic hasn't listed yet. But you can already trade it on Hyperliquid, and one address just went big on the short side.
From the on-chain
• $20.36M short on io:ANTH, the contract that tracks the company's valuation, entered at 1,855.78 (about $1.86T)
• $5.07M short on ANT, the one-share contract, entered at $113.32
• Both at 6x, and the position is still growing
The logic is simple. These contracts price Anthropic around $1.8T, while the Financial Times says investors expect an IPO valuation of $1.5T to $1.75T. If the banks price it lower, the perps have to come down to meet it.
Anthropic filed its S-1 on Oct 26 for a Nasdaq listing under the ticker ANT. The earliest possible first trading day is Nov 16, and Nov 19–20 is the date most often cited.
My read: this is a new kind of casino. Neither contract gives you a single share, yet pre-IPO perps on $HYPE rails are pulling in millions. Crypto is pricing Wall Street's biggest IPO before Wall Street does.
Short Anthropic at $1.8T or go long? 👇
#Anthropic #Hyperliquid #IPO #AI #CryptoNews
