CBRS Stock Tumbles 18% Post-Earnings as Short Sellers Gain $3.65M

CBRS shares dropped 18% after earnings, with two short sellers profiting $3.65M in one hour despite positive data, while 66 small liquidations occurred.

Woofun AI reports that Cerebras (CBRS) stock declined 18% following its August 13 earnings release, falling from $261.81 to $224.64 within an hour. Although the financial results were positive, the price drop suggests prior valuation adjustments, as the stock had risen nearly 35% in preceding days. Two major short sellers, holding positions worth tens of millions, maintained their bets and collectively earned approximately $3.646 million during the downturn. The address starting with 0x999 gained around $1.983 million on an $11.

604 million short position, while the address starting with 0xe0f recorded a $1.663 million profit on a $9.733 million position. No large-scale whale liquidations were observed among long holders. Between 4:00 and 4:30 a.m., 66 small forced liquidations involving 61 addresses totaled approximately $389,000, with the largest single loss reaching about $105,000, resulting in a loss of approximately $6,908. TradingBeats, an on-chain Perp and address analysis tool, now provides real-time Hyperliquid data visualization and transparent address tracing.