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This whale is still refusing to give up on the S&P 500 short😬.
Wallet 0x4ff9 has continued adding to the position and now holds a massive 5,056 xyz short worth roughly $37.7M.
The problem is the trade has been moving the wrong way for a while now. The position is already sitting on more than $2.23M in unrealized losses, but the whale still hasn’t backed off.
Current liquidation price is around $8,104.94, so there’s still room before things get dangerous , but if the market keeps pushing higher, the pressure is definitely building.
Address: 0x4ff9b58ed112bf3df108d1d62bd95e7352ef38d3