BlockBeats reported that an unidentified whale increased a HOOD short position after Robinhood’s third-quarter earnings release, net selling about $2.392 million.
Reported short reaches $3.58 million
The position grew to 40,927.344 units and was worth about $3.5781 million at an average price of $89.35, with reported unrealized profit of roughly $78,000. HOOD perpetual contracts on Hyperliquid fell from about $95.71 to $87.42 during the same period, a decline of approximately 8.66%.
Robinhood’s prediction-market revenue rose to $173 million, while crypto trading revenue reached $120 million, up 20% from the prior quarter but down 55% year over year. The position and derivatives figures are time-specific observations; the trader is unidentified and the source does not establish causality. Read the English BlockBeats flash (original Chinese: BlockBeats flash).