Hyperliquid reports S&P 500 Pre-market Expectation Skew to the Bearish Side as a Whale Opens a $1.02 Million Short Position for a Short Period

BlockBeats News, March 23rd, according to Hyperinsight monitoring, the S&P500 on Hyperliquid is currently trading at $6,480, with a funding rate of -0.0036%, slightly down from Friday's closing price of $6,506.

During the market hiatus signal weakening, in the past 1 hour, a whale starting with 0x935 opened a short position on the S&P500 with 10x leverage, holding a position worth $1.02 million, with an average entry price of $6,478 and a liquidation price of $7,054.