Data: MakerDAO co-founder Rune continues to increase short positions on the S&P 500, with holdings reaching $2.57 million.

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ChainCatcher news, according to monitoring by Hyperinsight, in the past hour, an address related to MakerDAO co-founder Rune (0x30d3…) increased its short position on the SP500 (S&P 500 mapping contract) by rolling over, adding a total of 68.76 contracts, valued at approximately $454,000.

After continuous additions, the address currently holds a 20x leveraged SP500 short position totaling 390 contracts, raising the total position size to $2.58 million, with an overall average holding price of $6,615.5. As of the time of writing, this position has a small unrealized profit of about $2,300, with a liquidation price set at $6,876.

The address had previously held long positions in CL (WTI crude oil) and BRENTOIL (Brent crude oil) on-chain and had opened short positions in XYZ100 and ETH as a hedge, now simultaneously using Nasdaq 100 and S&P 500 as hedge positions.

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