It is now being discussed by multiple sources (who appeared to be employees working at HF) on the Chinese social media platform Red Book (or Red Note) that High Flyer (HF), which is a quant HEDGE FUND and a parent company of #DeepSeek, SHORTED US equity market in the amount of $600-700M BEFORE they released DeepSeek R1 model and that they are rumored to have profited 10-12X from those puts. If that's true, we are talking about $6-8B profits in just one day. 

$spx $spy $qqq $nvda $tsla
#DeepSeek