Cerebras (CBRS)
Nasdaq · CBRS · listed 14 May 2026 at $185
- xyz:CBRS
- Equity perpetual
- 24/7
- Up to 10x
$108.15
-0.30% · 24hMark · · price updates every 30 seconds
- 24h volume
- $44.97M
- Hyperliquid, notional
- Open interest
- $22.55M
- -1.41% 24h · +0.85% 1h
- Funding
- +5.5% APR
- +0.0006% per hour · at the 30d median
- 7d high
- $120.63
- 10.3% below it · hit 13 Nov,
- Top traders
- $1.47M L · $87.40K S
- net shorter by $131k over 24h
- 4h momentum board
- #38
- 19 recent winners long · share 0.3% to 0.3% in 1h
O 108.58 · H 108.69 · L 107.18 · C 107.80
Hyperliquid candles, local time
Senpi read
Shorts have the upper hand as price fades -10.24% from the 24h high with every bounce sold, while the long side's two biggest positions sit deeply underwater. Top traders keep adding long, but that bet is concentrated and losing.
- CBRS spiked to 120.63 (3.6h ago) and has been bleeding since, now at 108.28. The structure is clear: each bounce topped lower and was sold, the last one at 110.71 at 17:59 UTC already failed. Over 4h the asset is down -4.19% even as it holds a +6.96% 24h gain — the move up happened, the move down is happening now.
- Bounces are sold: price is below its last bounce at 110.71 and has made lower highs since the 120.63 peak. This is a fading market, not a consolidating one. The long side is concentrated and underwater: 62% of long exposure sits in one wallet, 0xda37…f7b5, entered at 138.34 and down -21.73%. The second-largest long, 0xb40d…75d9, entered at 127.06 and is down -14.78%. Only 0x9c06…0560, entered at 107.59, is in profit at +0.64%. The longs that matter most are the ones hurting most. Recent winners are short: the 4h board ranks CBRS at #18, with 10 traders short and share of gains rising from 0.2% to 1.0% in the last hour. Their gains came earlier in the window when price was higher. Open interest fell -3.75% over 24h while price rose: that is shorts closing out, not new longs entering. With that covering largely done, price has drifted lower over the last 4h without that support. Top traders lean long and keep adding: the cohort holds $1.5M long vs $87k short, net longer by $54k over 1h and $60k over 4h. This is the main counter-signal — experienced wallets are leaning into the dip. But four of six holders are long, and the two biggest are deeply underwater. Funding is normal at -6.4% APR (shorts pay longs), well within the 30-day range of -472.0% to +661.4%. No funding extreme is forcing either side. Nothing is in Senpi's tradeable feed for this asset, and no signal fired — the read is purely structural and positional.
- The fading price action, sold bounces, and short-leaning recent winners give shorts the edge. What weakens it is that top traders keep adding long — if 0xda37…f7b5 or 0xb40d…75d9 capitulate, that confirms shorts; if price reclaims 110.71, the bounce-sold pattern breaks.
Full analysisHide analysis
What would change it: Top wallets starting to sell.
Top signal: longs at 94% of top-trader notional ($1.6M)
Written by Senpi's engine from Hyperliquid open interest, funding and the proven-trader cohort. A read describes positioning at its time; it is not a forecast or investment advice.
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About tokenized Cerebras
The xyz:CBRS perpetual on Hyperliquid tracks the price of Cerebras and trades 24/7, including nights and weekends when its home market is closed. Longs and shorts pay or receive funding every hour, which keeps the contract near its reference price. Holding it gives price exposure settled in USDC: no shares, voting rights, dividends or delivery.
Earlier today
- vs 1h agovs 4h agovs 24h ago
- Proven traders traded
- net shorter by $3k
- net shorter by $3k
- net shorter by $131k
- Top traders' net change
- -$20.65K
- +$46.55K
- +$31.47K
- Holders long / short
- 0 / 0
- 0 / -1
- 0 / -1
- Open interest
- +0.85%
- —
- -1.41%
How positioning moved around the latest read. For more, ask Senpi above.

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Data: Hyperliquid and Senpi's engine · prices as of · not investment advice
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