On the eve of the US CPI release, a Hyperliquid whale shorted $110 million on the S&P 500.

BlockBeats News, June 9th, according to Hyperinsight Monitoring, the US May CPI data will be released tomorrow at 20:30 (Beijing time). Following the unexpectedly positive non-farm payroll data last week, this CPI release will further confirm if inflation is picking up, impacting market expectations for interest rate cuts. Since last Friday, although there has been a slight rebound after the pullback, the S&P 500 index is still down by about 1.54% from its recent high.

On the eve of the data release, a whale on Hyperliquid opened a 15,000-fold leveraged short position on the S&P 500, with a position value of approximately $1.115 billion. The entry price was $7,417, and the liquidation price is $8,294.9, making it currently the largest S&P 500 short position on the platform.

Address: 0x97f8219e401f07752a60ddb0a75efda96d1389d9

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