Cumulative short positions on U.S. stock indices reached $36.882 million, with two whales respectively building positions in XYZ100 and SP500
Odaily News: After the release of PPI and before the release of CPI, two whales on Hyperliquid successively adjusted their U.S. stock index positions, cumulatively establishing short positions in XYZ100 and SP500, with a total transaction value of approximately $36.882 million. One whale, previously holding no position, began building short positions in XYZ100 after the PPI release, cumulatively shorting 500 contracts with a transaction value of approximately $14.508 million and an average entry price of approximately 29,015.81 points. As of press time, this address still holds its entire XYZ100 short position, valued at approximately $14.536 million, with an unrealized loss of approximately $28,000; it has also placed a trigger-based take-profit market order at 28,800 points, approximately 0.9% away from the current price. Another whale had previously closed approximately 500 XYZ100 short contracts for a profit of approximately $253,000, then shifted its exposure to SP500, cumulatively establishing 2,942.73 short contracts with a transaction value of approximately $22.375 million and an average entry price of approximately 7,603.33 points. Currently, this address's SP500 short position is valued at approximately $22.353 million, with an unrealized gain of approximately $22,000, and it continues to maintain a plan to add approximately $1.384 million in additional short positions.
