Trader CBB's short position on INTC has reached a floating profit of $1.8 million, with another whale entering against the trend after the earnings report.

BlockBeats news, October 30 - According to TradingBeats monitoring, the INTC perpetual contract on Hyperliquid is trading at $70.96, down about 22.36% in the past 24 hours, with a trading volume of approximately $242 million during the same period.

After Intel's earnings report, the company expects fourth-quarter revenue to be below market expectations; earnings per share also fell short of the market's expected $0.43. The company warned that weakness in the PC market may persist into the first half of 2027.

During the stock price decline, existing short positions continued to expand. Trader "CBB" net added approximately 55,800 INTC short positions from last night to this morning, currently holding about $11.65 million in short positions at an average price of $81.86, with unrealized profit of about $1,794,500 and a liquidation price of $100.06. During this period, the account has partially realized trading profits of approximately $238,000 (0x49e9…e1d0).

A large bottom-fishing move occurred this morning. In the past hour, a whale bought approximately $7,565,400 in INTC long positions at an average price of $71.40. Unrealized loss is about $44,000, with a liquidation price of $47.64 (0x54b2…af8a).