Gate News Report, March 11 — Oracle (ORCL, a US technology company) stock closed down 1.4% at $149 today, but surged 12.2% in after-hours and overnight trading. As a result, the ORCL mapping contract on the Hyperliquid platform also soared, rising over 12% in the short term to approximately $167.4, a premium of over 12% above the closing price. During this surge, two whales on Hyperliquid holding short positions exceeding one million USD — crypto KOLs “CBB” and “On-Chain Investor” — both suffered losses. Both had previously positioned with 3x leveraged ORCL shorts around $154, each holding about $1.1 million. As the contract price jumped, their short positions turned from profit to loss, with each experiencing a decline of over 20%.
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