"Whale Discovery" Two Whales Short $37 Million in US Stock Index

BlockBeats news, September 11, according to TradingBeats monitoring, after the PPI release and before the CPI release, two whales on Hyperliquid successively adjusted their U.S. stock index positions, cumulatively establishing short positions in XYZ100 and SP500 with a total transaction value of approximately $36.882 million.

Among them, the address starting with 0x469e was previously in an empty position state. After the PPI release, it began building XYZ100 short positions, cumulatively shorting 500 contracts, with a transaction value of approximately $14.508 million, and an average entry price of approximately 29,015.81 points.

As of press time, this address still fully holds the XYZ100 short position, with a position value of approximately $14.536 million and an unrealized loss of approximately $28,000. At the same time, it has set a trigger take-profit market order at 28,800 points, approximately 0.9% away from the current price.

Another address, 0x42bc, completed a round of stock index short position switching. This address previously closed approximately 500 XYZ100 short contracts, realizing a profit of approximately $253,000, and then shifted its risk exposure to SP500, cumulatively establishing 2,942.73 short contracts, with a transaction value of approximately $22.375 million, and an average entry price of approximately 7,603.33 points.

Currently, this address's SP500 short position is worth approximately $22.353 million, with an unrealized profit of approximately $22,000, and it continues to retain a plan to add approximately $1.384 million in additional short positions.