Whale’s $50.34 Million Anthropic Short Shows $3.76 Million Unrealized Gain

A whale’s $50.34 million Anthropic short showed $3.76 million in unrealized gains as Anthropic’s premarket contract fell 8% on Nov. 6. The whale had previously opened Anthropic’s largest short position. The $50.34 million figure describes the position’s size, while $3.76 million is the paper gain at the time of the observation. The Nasdaq index fell 5.52% on Nov. 6, alongside Anthropic’s premarket contract. Anthropic was nearing a Nasdaq IPO, giving the contract’s move context in the run-up to a prospective public listing. The index and contract figures refer to separate instruments and are not interchangeable measures.

Source: TokenPost