Abraxas Capital's Hyperliquid hedging accounts hit $512M total profit with shorts down to $572M

Dongcha Beating AI News Flash: Anthropic CEO Dario Amodei said during a fireside chat with JPMorgan CEO Jamie Dimon at the bank’s New York headquarters on Friday that the company is not particularly focused on the specific month or market conditions for its IPO, stressing that Anthropic aims to adopt an "under-promise, over-deliver" strategy. Amodei noted that he agrees with the advice that the company’s valuation should not exceed its intrinsic value by even $1. Amid recent sharp volatility in the AI sector and pressure on tech stock valuations, Anthropic is taking a cautious approach to its IPO pricing. According to reports, Anthropic’s current target valuation is around $1.33 trillion or higher, with plans to issue 825 million shares at a price range of $70 to $78 per share. At the midpoint of the price range, the offering would raise over $61 billion. Additionally, investors including Google plan to inject around $26 billion via a private placement. Amodei also admitted that computing power investment is the "most profound business challenge" facing the company, as massive spending on computing resources continues to weigh on its finances.

According to Lookonchain's monitoring, trader 58bro.eth (@0x58bro) sold 8,000 ETH at around $2,397 a week ago, cashing out approximately $19.18 million. Over the past two days, he repurchased 10,501 ETH at an average price of roughly $1,978, spending about $20.77 million. The trader has earned a total profit of around $39.66 million on Hyperliquid, with a win rate of 87.5%.

Smart trader 58bro.eth (@0x58bro) sold 8,000 $ETH ($19.18M) at $2,397 a week ago, then bought 10,501 $ETH ($20.77M) back at an average price of $1,978 over the past 2 days. 58bro.eth has made a total profit of $39.66M on Hyperliquid, with an impressive 87.5% win rate!

Decentralized intelligence project DI has announced the completion of its latest financing round, with a valuation of $100 million. The specific amount raised was not disclosed, and investors include OKX Ventures, Lingfeng, DraperDragon, W3 Storage Lab, DepinX, Central Pinnacle Technology Limited, and several individual investors. DI stated that the project is committed to building a user-owned AI financial agent network targeting the U.S. stock and crypto markets, which helps users explore investment insights, verify market hypotheses, and analyze market dynamics. Its first product, Event Engine, is set to launch soon, and will analyze market events through multiple professional AI agents, presenting the consensus, disagreements, and underlying reasons among different agents.

"Big Short" investor Michael Burry doubled his put option positions on the Nasdaq 100 index on November 12, when the index rebounded to near 27,000 points, and re-established put option positions on the VanEck Semiconductor ETF, with the options set to expire in early 2027. Burry compared the Nasdaq 100's recent peak hit on October 6 to the top of the 2000 dot-com bubble, arguing the current AI boom may be forming a new "bull trap", and predicted chip stocks and the tech sector will see a significant correction before mid-2027. In response to NVIDIA CEO Jensen Huang's departure, Burry advised investors to "exit", noting the leadership change could hit NVIDIA's profit margins and growth prospects, and spill over to the entire AI infrastructure supply chain. He also named NVIDIA key clients CoreWeave, Nebius, and chip foundry TSMC, saying these firms could face knock-on impacts. BlockBeats reported yesterday that Michael Burry disclosed his latest portfolio adjustments via his Substack account, showing he recently added to positions in PayPal (PYPL), MercadoLibre (MELI), Sprouts Farmers Market (SFM), Adobe (ADBE), JD.com (JD) and Ero Copper (ERO), while re-buying Lululemon (LULU), indicating he continues to adjust his stock portfolio.

According to the Associated Press, U.S. President Donald Trump plans to bring Elon Musk along on his upcoming Asia trip next week. Anonymous government officials revealed that Musk, the head of SpaceX and Tesla, holds significant interests in economic and national security, making him a valuable advisor to Trump. Officials also disclosed that Trump does not intend to mention the Jensen Huang-related incident, and the U.S. government believes the Nvidia incident will have no impact on this visit. Trump is scheduled to arrive in the Philippines next Tuesday to meet with leaders of ASEAN member states. During his stay in Manila, he plans to sign a trade agreement with Thailand and hold a meeting with the Quad (Quadrilateral Security Dialogue) group, which consists of the United States, India, Australia, and Japan.