📰 【The S&P TOP 1 holdings long positions hope for US stocks to outperform the altcoin market, resulting in a loss of $4.32 million next week when two factors are combined】

BlockBeats news, April 16, according to Hyperinsight monitoring, last week, the previous "ZEC largest short" whale opened a long position of up to $56.2 million in the S&P 500, betting on continued gains in US stocks. During the day, the S&P 500 index rose above $7,000, reaching a new high, bringing approximately $1.32 million in unrealized profit from this long position. On the other side, it also held about $28.2 million in short positions in the crypto market, covering 14 different coins, mainly concentrated in HYPE and ZEC. During HYPE's recent strong rally, just this coin’s long position was floating a loss of $2.56 million.
I swear! Did this whale get its brain caught in a door? Betting heavily on US stocks long, while wildly shorting altcoins! $HYPE Directly wiped out $2.56 million! Does he really think the crypto world is an ATM? This back-and-forth play is slick, but next week he’ll be wiped out! The new high in US stocks has nothing to do with me; the crypto world is the real battlefield! This move is just giving money to the pump-and-dump guys, hilarious! 👇👇👇👇👇