📢 Flash
Retail traders on Anthropic’s new contract are leaning bullish, with ANT longs reaching six times the number of shorts.
On October 27, Anthropic formally filed its IPO registration statement with the U.S. Securities and Exchange Commission (SEC), aiming to list on the Nasdaq under the ticker symbol “ANT.” Market expectations place its valuation between $1.5 trillion and $2 trillion—though the final offering price and actual valuation remain undetermined. On the same day, Trade.xyz launched pre-IPO perpetual contracts on ANT, enabling investors to trade and speculate on Anthropic’s anticipated per-share IPO price.
The ANT perpetual contract went live last night, hitting an intraday low of $109.05 before trading at $114.06 as of press time—implying a company valuation of approximately $1.93 trillion. That represents a cumulative decline of 17.35% from its opening price of $138 on the first hourly candle, though it has rebounded 2.17% since midnight UTC today. Since launch, the contract has recorded $11.86 million in total trading volume, with open interest standing at $4.29 million. On-chain data shows 817 addresses holding long positions and 136 holding short positions; no single address holds a position valued at $1 million or more—indicating retail and small-capital participants dominate the market.
Meanwhile, Entropy’s ANTH perpetual contract exhibits clear short-side dominance: currently trading at $1,881.60—implying a valuation of roughly $1.88 trillion—and down 2.02% since midnight UTC yesterday. Open interest has risen to $51.74 million, up 7.82% from prior levels. Across the broader market, eight addresses hold positions worth over $1 million each: two longs collectively hold $16.59 million, while six shorts hold $18.09 million. While overall long/short positioning remains broadly balanced, newly opened positions are overwhelmingly skewed toward the short side.
Notably, the largest short address (0xecc8) significantly increased its position—from 1,321.35 to 4,280.887 contracts—adding ~$5.57 million in net short exposure. Its current position is valued at ~$8.05 million, with an average entry price of $1,953.633 and unrealized profits of $308,400. In contrast, the largest long address (0x9a80) added only 45.372 contracts (~$85,400), bringing its total long position value to ~$13.75 million at an average entry price of $1,987—now sitting on $770,800 in unrealized losses. Another $1M+ long holder also reports ~$384,700 in unrealized losses.
The ANT perpetual contract went live last night, hitting an intraday low of $109.05 before trading at $114.06 as of press time—implying a company valuation of approximately $1.93 trillion. That represents a cumulative decline of 17.35% from its opening price of $138 on the first hourly candle, though it has rebounded 2.17% since midnight UTC today. Since launch, the contract has recorded $11.86 million in total trading volume, with open interest standing at $4.29 million. On-chain data shows 817 addresses holding long positions and 136 holding short positions; no single address holds a position valued at $1 million or more—indicating retail and small-capital participants dominate the market.
Meanwhile, Entropy’s ANTH perpetual contract exhibits clear short-side dominance: currently trading at $1,881.60—implying a valuation of roughly $1.88 trillion—and down 2.02% since midnight UTC yesterday. Open interest has risen to $51.74 million, up 7.82% from prior levels. Across the broader market, eight addresses hold positions worth over $1 million each: two longs collectively hold $16.59 million, while six shorts hold $18.09 million. While overall long/short positioning remains broadly balanced, newly opened positions are overwhelmingly skewed toward the short side.
Notably, the largest short address (0xecc8) significantly increased its position—from 1,321.35 to 4,280.887 contracts—adding ~$5.57 million in net short exposure. Its current position is valued at ~$8.05 million, with an average entry price of $1,953.633 and unrealized profits of $308,400. In contrast, the largest long address (0x9a80) added only 45.372 contracts (~$85,400), bringing its total long position value to ~$13.75 million at an average entry price of $1,987—now sitting on $770,800 in unrealized losses. Another $1M+ long holder also reports ~$384,700 in unrealized losses.
