Core Insights - Investors are looking for heavily shorted stocks as potential candidates for significant price rallies, similar to the recent movements seen with Beyond Meat, which experienced a short interest exceeding 81% of its free float [1][2] - A stock is classified as heavily shorted when a large percentage of its available shares have been borrowed and sold by investors anticipating a price decline, which can lead to rapid buying during a short squeeze [2][3] Short Interest Data - The top 10 most shorted stocks as of October 22, with market caps above $2 billion and floats above 5 million, include: - ImmunityBio, Inc. (NASDAQ:IBRX) - 74.67% - Rocket Companies, Inc. (NYSE:RKT) - 57.23% - TeraWulf, Inc. (NASDAQ:WULF) - 41.40% - Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) - 40.06% - Hims & Hers Health, Inc. (NYSE:HIMS) - 35.07% - Plug Power, Inc. (NASDAQ:PLUG) - 34.80% - Enovix Corp. (NASDAQ:ENVX) - 34.56% - Symbotic, Inc. (NASDAQ:SYM) - 33.80% - Applied Digital Corp. (NASDAQ:APLD) - 33.35% - C3.ai Inc. (NYSE:AI) - 32.22% [4][5]

Market Trends - Short sellers are taking profits on bets against some of the largest US private credit lenders [1] - Share prices of these lenders were impacted by valuation concerns in the wider credit market [1]

Market Activity - A BitcoinOG (1011short) initially deposited 30 million USD into Hyperliquid and opened a 10x short position on 700 BTC, valued at 755 million USD [1] - The same BitcoinOG fully closed all BTC short positions on Hyperliquid, realizing over 197 million USD in profits across two wallets [1] - Subsequently, the BitcoinOG deposited 89 million USD into Binance, potentially to short BTC again [1] - BTC open interest on Binance increased by 510 million USD shortly after the BitcoinOG's activity [2]

Core Insights - Bitcoin experienced a significant pullback primarily due to short selling, with a drop of 1.5% from $115,000, leading to a total open interest increase of 2.3% and an additional $591 million in notional value [1] - The cumulative volume delta of perpetual futures on offshore exchanges decreased, indicating that short sellers were driving the decline, with a subsequent 3.5% drop to $107,500 and a 4% increase in open interest adding $1.03 billion in exposure [2] - Despite the overall bearish sentiment, spot demand on U.S.-based exchanges like Coinbase remained mostly positive, suggesting ongoing buy-the-dip activity from spot investors [3] Market Dynamics - A liquidation event of $724 million occurred within 24 hours, with long positions accounting for $536 million, indicating that bulls had leveraged up in anticipation of a recovery [4] - The market is facing macroeconomic uncertainty and rising geopolitical tensions, contributing to the volatility and the need for a period of rebalancing [4][5] - Analysts express a bearish outlook, with expectations of continued volatility as macro uncertainties persist, despite some dip-buying efforts from spot investors [5]

Buying shares in hopes of strong results isn't the only way to benefit from the current profit-reporting season. ...

JPMorgan asked its analysts to pick their favorite short ideas headed into the start of the fourth quarter. They handed back a list of 27 stocks, which included those of a major airline and a burger chain. Here are summaries of a few of those picks. https://t.co/WZH4ITOl9S ...

Smart whale 0x69e4 just opened a 25x short on 13,268 $ETH($54.4M) with a liquidation price of $4,399.7.This whale’s last 4 trades on #Hyperliquid were all profitable, totaling $7.8M in profits.https://t.co/bJECej7yFs https://t.co/nREwQ9cXiz ...

The exploitation of retail has never been easier or more legal. They choose to hand me liquidity, then accuse the messenger when I warn them. I don’t argue with the crowd, I take their donations and continue my shorts. As long there remains one bull I lovely take his donation ...

Martin Shkreli, also popularly known as ‘Pharma Bro,’ announced late Tuesday that he has taken a short position against iBuying real estate company Opendoor Technologies Inc. OPEN.Check out OPEN’s stock price here. Pharma Bro To Launch Public Due Diligence Against OPENIn a post on the social media platform X, Shkreli revealed he shorted the stock at $9.36, marking his first trade in the company. He also declared his intention to launch a public due diligence campaign into the firm.“This is the first trade I ...

guy who tries to short the only coin going up when 98% of alts are down on every extended timeframe longer than two weeks ...