0x97f whale closes $SP500 50x short realizing over $1.565M profit via Hyperliquid SP500 perpetual futures contract.

According to @NFT5lut, the trader indicated an intent to take profits after recent gains, signaling a personal move toward profit realization. Source: @NFT5lut on X, Nov 26, 2025. No specific asset, position size, or timeline was disclosed, limiting immediate trade replication or cross-asset read-through. Source: @NFT5lut on X, Nov 26, 2025.

According to @glassnode, since late September XRP fell from $3.09 to $2.30, a ~25% decline, while profit realization volume on a 7D-SMA basis jumped ~240% from $65M per day to $220M per day. Source: Glassnode. According to @glassnode, this divergence indicates distribution into weakness rather than strength, highlighting sell-side realization during a drawdown that traders should monitor. Source: Glassnode.