A cryptocurrency whale, identified by the address 0x4ff9, has resumed shorting the SP500 index after a two-week hiatus. Previously, the whale incurred a loss of $1.86 million from shorting 6,537 SP500 contracts valued at $48 million. According to Lookonchain monitoring, the whale has now opened a new short position of 5,687 SP500 contracts, worth approximately $42 million, utilizing 7x leverage.
Whale Resumes SP500 Shorting with $42 Million Position
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