Hyperliquid Whale Increases $147.6M 50x S&P 500 Short Amid Market Selloff

A Hyperliquid whale increased a major S&P 500 short as traders reduced risk across stocks and crypto. Lookonchain reported that wallet 0x97f8 opened a 50x xyz:SP500 position worth $111.6 million before raising exposure to $147.6 million. Lookonchain flagged the trade in an X post. The platform said the whale shorted 15,001 xyz:SP500 contracts on Hyperliquid. […] Read The Full Article Hyperliquid Whale Increases $147.6M 50x S&P 500 Short Amid Market Selloff On Coin Edition.