Anthropic pre-market price trades 33% above the pricing range, largest short seller continues adding positions

According to TechFlow, on November 12, on-chain analyst Yujin reported that after Anthropic established a pricing range of $70 to $78 per share (corresponding to a market cap of $1.26 trillion to $1.405 trillion), the largest Anthropic short position on Hyperliquid has continued to grow, with the short value reaching $70.5 million and unrealized profits of approximately $1.41 million.

The current pre-market contract pricing for ANT on Hyperliquid stands at around $104, approximately 33% above the upper limit of the offering range of $78. Yujin also shared two addresses suspected to be associated with this short seller (0xecc8…, 0x0b42…).

For background, Anthropic plans to issue 825 million shares at $70 to $78 per share, raising approximately $64 billion at the upper limit; the company had previously indicated it expects to finalize the offering price next Wednesday and begin trading next Thursday, with the IPO already receiving multiple-times oversubscription. The pre-market price significantly exceeds the offering range, and if ultimately priced at the upper limit, the short seller's paper losses will continue to mount.