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Trader adds $8.63M to GOOGL short after stock's record 13.7% drop

Market News
29 Oct 2026, 21:31 WIB
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Bearish
Trader adds $8.63M to GOOGL short after stock's record 13.7% drop

A trader increased their short position in Alphabet's stock (GOOGL) by $8.63 million on Hyperliquid following a historic 13.7% one-day price drop. The position was opened after U.S. market hours at $296.57, showing an unrealized profit of $190,000 as the stock price fell to $293.23. This move reflects a bet that GOOGL's price will continue to decline, as short positions gain when stock prices drop. The trader had previously added $2.05 million and $680,000 to this short position, making this the third increase.

Alphabet's stock (GOOGL) saw a significant short position increase of $8.63 million on Hyperliquid after a historic 13.7% one-day price drop. For readers following the broader market, here is Pluang's snapshot as of Oct 30, 2026 01:32 WIB: among 50 major cryptocurrencies priced on Pluang, 24 rose and 25 fell. Notable movers include ALGO at Rp1.819 with a 1-day change of -2.15% and a typical hold time of 131 days, FTM at Rp11.382 down 2.05%, and VET at Rp112 down 1.99% with a 62% sell order activity.

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