A major investor has expanded their short position on the SP500, now holding 5,056 xyz:SP500 contracts valued at $37.7 million. Despite the increase, the position is currently facing an unrealized loss of over $2.22 million. The liquidation price for this position is set at $8,104.94, indicating the investor's continued bearish outlook on the SP500 index.
Whale Increases SP500 Short Position to $37.7M Despite Losses
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