Whale Tracker

NEUTRAL — WATCH

No clear whale direction for CIFR. Bullish and bearish signals roughly cancel out. Short interest at 18.6% of float — moderate bearish positioning. Insiders are net sellers (10,681,440 shares sold vs 8,900,017 bought) — management reducing exposure. Strong institutional ownership at 81.2% with 9 of 10 top holders actively accumulating this quarter.

Action Plan

Hold existing positions — no strong directional signal
Wait for clearer whale activity before adding
Watch short interest trend (currently 19%) — covering = bullish catalyst
Monitor next earnings for institutional positioning changes

📈 Options Flow 期权异动

Unusual options volume vs open interest. High volume/OI ratio signals whale positioning. Put/Call ratio indicates directional bias.

PUT / CALL RATIO

0 (Bullish)1.02.0+ (Bearish)

0.68

LEAN BULLISH

CALL VOLUME

25,273

PUT VOLUME

17,160

TOTAL VOLUME

42,433

UNUSUAL STRIKES

Unusual Strikes — Vol/OI > 3x (0C / 4P)

TypeStrikeExpiryVolOIRatio

PUT$272026-03-2777177.0x

PUT$302026-03-2722122.0x

PUT$242026-03-2723211.5x

PUT$212026-03-27818.0x

High Volume Contracts — Vol > 500 (10 contracts)

TypeStrikeExpiryVolume

CALL$152026-04-106,327

PUT$142026-03-274,719

CALL$162026-03-272,982

PUT$142026-04-022,598

CALL$162026-03-272,124

CALL$202026-04-022,054

PUT$142026-04-171,714

PUT$142026-03-271,449

CALL$152026-03-271,080

PUT$142026-03-271,065

P/C OI RATIO

0.82

TOTAL OI

232,553

CALL OI

127,707

PUT OI

104,846

Put/Call volume ratio: 0.68 (bullish)
Total options volume: 42,433 (calls 25,273 / puts 17,160)
Top unusual: PUT $27.0 exp 2026-03-27 — vol/OI 77.0x
4 unusual strikes detected (0C / 4P)

👤 Insider Trading 内部交易

SEC Form 4 filings — officer and director buys/sells in the last 90 days. Net buying is a strong bullish signal.

45% BUY

55% SELL

SHARES BOUGHT (6m)

8,900,017

SHARES SOLD (6m)

10,681,440

NET INSIDER FLOW

-1,781,423

FORM 4 FILINGS (90d)

Recent Insider Transactions (0 buys / 9 sells / 1 grants)

TypeInsiderSharesDate

SELLKELLY PATRICK ARTHUR35,5682026-03-16

SELLNEWSOME JAMES E45,1612026-03-04

GRANTDUDA THOMAS DAVID3,8622026-02-25

SELLKELLY PATRICK ARTHUR35,5682026-02-17

SELLKELLY PATRICK ARTHUR35,5682026-01-15

SELLNEWSOME JAMES E21,8212025-12-19

SELLWILLIAMS WESLEY HASTIE49,8672025-12-19

SELLKELLY PATRICK ARTHUR35,5692025-12-15

SELLGROSSMAN CARY M25,0002025-11-26

SELLEVANS HOLLY MORROW15,0002025-11-26

Insider buying: 8,900,017 shares
Insider selling: 10,681,440 shares
9 Form 4 filings in last 90 days
Net insider SELLING — bearish signal

🏦 Smart Money Flow 机构资金流向

Quarter-over-quarter position changes from 13F filings. Shows whether institutional investors are accumulating (buying more) or distributing (selling) — the strongest signal of whale conviction.

INSTITUTIONAL OWNERSHIP

81.2%

ACCUMULATION vs DISTRIBUTION

90% ACCUMULATING

10% DISTRIBUTING

NET SHARES FLOW

+39,273,721

FLOW SCORE

+0.36

ADDING

SELLING

Institutional Position Changes (QoQ)

ActionInstitution% HeldQoQ ΔShares Δ

★ NEW POSITIONShaw D.E. & Co., Inc.3.80%NEW+11,417,837

★ NEW POSITIONSituational Awareness LP2.58%NEW+5,234,546

★ NEW POSITIONMorgan Stanley1.39%NEW+4,162,319

▲▲ HEAVY BUYVanguard Group Inc8.07%+43.2%+9,865,200

▲▲ HEAVY BUYJane Street Group, LLC4.05%+48.7%+5,379,548

▲▲ HEAVY BUYValue Aligned Research Advisors, LLC1.84%+45.9%+2,342,974

▲ ADDINGBlackrock Inc.6.95%+17.1%+4,105,296

▲ ADDINGState Street Corporation1.99%+10.2%+745,068

▲ ADDINGGeode Capital Management, LLC2.02%+7.3%+558,276

▼ TRIMMINGV3 Holding Ltd15.14%-6.9%-4,537,343

ETF & Mutual Fund Flow (4 adding / 2 selling)

ActionFundQoQ ΔShares Δ

▲▲ HEAVY BUVANGUARD INDEX FUNDS-Vanguard Total Stock Mar+26.4%+2,464,833

▼ TRIMMINGiShares Trust-iShares Russell 2000 ETF-6.0%-490,118

▬ HOLDVANGUARD WORLD FUND-Vanguard Information Tech+2.9%+181,901

★ NEW POSIVANGUARD INDEX FUNDS-Vanguard Small-Cap IndexNEW+2,128,245

★ NEW POSIJANUS INVESTMENT FUND-Janus Henderson ContrarNEW+1,810,801

▲ ADDINGFidelity Salem Street Trust-Fidelity Small Ca+18.9%+506,392

▬ HOLDVANGUARD INDEX FUNDS-Vanguard Extended Market+1.2%+38,011

▬ HOLDValkyrie ETF Trust II-Valkyrie Bitcoin Miners-1.3%-40,996

▬ HOLDiShares Trust-iShares Russell 2000 Value ETF-3.7%-104,580

▼▼ HEAVY SEAmplify ETF Trust-Amplify Blockchain Technolo-55.4%-3,233,642

Institutional ownership: 81.2%
Smart money flow: 9 adding / 1 selling / 0 hold
Net shares added by institutions: +39,273,721
Biggest mover: Shaw D.E. & Co., Inc. added 11,417,837 shares (+287.6%)

🕶 Short Interest & Dark Pool 做空 & 暗池

Short interest as % of float and days-to-cover. Rising SI = bearish pressure. High SI + decreasing = shorts covering (bullish). Squeeze risk rated by SI level.

SHORT INTEREST (% OF FLOAT)

0%10%20%30%+

SHORT % FLOAT

18.6%

DAYS TO COVER

2.1

SI CHANGE (MoM)

↓ 9.6%

SQUEEZE RISK

MODERATE

SHARES SHORT

57,284,517

PRIOR MONTH

63,375,962

FLOAT SHARES

330,107,498

AVG VOLUME

28,282,016

Elevated short interest — bears have a notable position. Watch for SI trend direction as the key signal.

Short interest: 18.6% of float
Days to cover: 2.1
Short interest MoM: ↓ 9.6%
Squeeze risk: MODERATE

📡 Data Sources 数据来源

Options Flow

LEAN BULLISH (80%)

Insider Trading

NEUTRAL (90%)

Smart Money Flow

LEAN BULLISH (75%)

Short Interest

NEUTRAL (60%)

📋 Summary 综合摘要

[institutional] Institutional ownership: 81.2%
[institutional] Smart money flow: 9 adding / 1 selling / 0 hold
[dark_pool] Short interest: 18.6% of float
[dark_pool] Days to cover: 2.1
[options_flow] Put/Call volume ratio: 0.68 (bullish)
[options_flow] Total options volume: 42,433 (calls 25,273 / puts 17,160)
[insider] Insider buying: 8,900,017 shares
[insider] Insider selling: 10,681,440 shares