Whale 0x97f8: Closes $147.6M SP500 Short Post-CPI
Whale 0x97f8 closed $147.6M SP500 short for $1.66M profit after CPI release via on-chain whale tracking of traditional index futures positions.
SourceAnalysis
Whale 0x97f8 fully closed its $147.6M SP500 short position right after the CPI data release, securing a $1.66M profit. On-chain whale tracking of traditional index futures positions shows the trader exited the entire stake following partial profit-taking earlier in the week. Historical market reaction to US CPI releases and S&P 500 moves often triggers such rapid position adjustments among large players.
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