After multiple liquidation events, the "buy high, sell low" whale shorted the S&P 500 with 50x leverage, suffering a 19% loss immediately after opening the position

BlockBeats News, April 2nd, according to Hyperinsight monitoring, in the past 20 minutes, the "buy the dip" whale (0x965) opened a 50x leverage S&P500 short position, with a position size of $12.2 million, at an average price of $6,453.5. The position incurred a 19% loss just ten minutes after opening, approximately $45,000, and is currently being liquidated at a price of $6,537.7.

In addition, the address has completely closed its BRENTOIL short position opened again today, with a total loss of $806,000 for the day, and has sequentially deposited $478,000 into Hyperliquid.