On the eve of the CPI, a whale holds a $74 million long position in the Nasdaq, single-handedly accounting for 21% of the contract's open interest.

BlockBeats News, July 14th, according to Hyperinsight Monitoring, a whale with an address starting with 0x3e7 is currently holding a 20x leveraged full-position of 2,527.7 Nasdaq 100 Index (XYZ100) long contracts on Hyperliquid, with a notional value of approximately $74.298 million, accounting for about 21.6% of the total open interest of XYZ100 on the platform, making it the largest XYZ100 long position.

This address currently holds only this one public position, with a margin of around $3.715 million and an account equity of about $2.386 million, and has not placed any take-profit or deleveraging orders.

As of the time of writing, XYZ100 is trading at $29,393, with a 24-hour trading volume of around $371 million. The whale's entry price was $29,593.7, currently experiencing an unrealized loss of about $508,000 (-13.6%), with a liquidation price of $25,319.9.

On the news front, the US June CPI will be announced at 20:30 Beijing time tonight. The whale had previously entered the market in batches starting from the afternoon of July 9th, and completed the final public position adjustment by the evening of July 10th, after which the position remained unchanged.

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