Palantir's Price Plummets 3.62%, But Aggressive Buying Indicates Short Squeeze

Palantir's price has been battered over the past 24 hours, losing 3.62% and trading at $170.51 near its lower Bollinger Band.

This has led to both retail and institutional investors being net short on the stock, with a global long/short ratio of 0.7156 and top trader accounts on Binance showing nearly identical positioning at 0.7364.

However, despite this bearish sentiment, aggressive market orders are running buy-heavy on a down day, indicating that someone is accumulating shares.

The setup is positioning-driven rather than narrative-driven, with no meaningful news flow or fresh analyst calls hitting in the last 24 hours.