After Oracle's financing news was announced, three accounts simultaneously followed up by opening short positions worth $3.8 million.

BlockBeats news, November 3: Oracle's financing documents made public last night reveal plans to raise $10 billion each through a common stock offering and the issuance of senior notes, totaling $20 billion. According to TradingBeats monitoring, about 5.5 hours later, three addresses suspected to be controlled by the same entity sequentially began shorting ORCL, accumulating short positions of approximately $3.6923 million at a weighted average price of $120.36:

0x2885: shorted approximately $1.2318 million at an average price of $120.45;

0xa8fc: shorted approximately $1.2305 million at an average price of $120.39;

0xa83c: shorted approximately $1.2300 million at an average price of $120.24.

As of press time, ORCL contracts are quoted at $119.33, down about 9.97% in 24 hours. The above three short positions account for approximately 20.3% of the contract's OI, with unrealized gains of about $31,500.