Whales: Open $90M SP500 Shorts on Hyperliquid
Whale 0x469 opens 6500 SP500 short at 20x for $48M; 0x4ff adds 5686 SP500 short at 7x for $42M on crypto platforms.
SourceAnalysis
Whales opened fresh SP500 short positions on crypto perpetual platforms, with 0x469 taking a 6500-contract short at 20x leverage worth $48M and liquidation at $8413.66 while 0x4ff added a 5686.66-contract short at 7x leverage worth $42M and liquidation at $8358.13, highlighting continued on-chain whale short positions SPX Hyperliquid or GMX activity amid S&P 500 perpetual futures trading on crypto platforms history.
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