A major whale is shorting the S&P 500 index worth $37.7 million, currently with an unrealized loss of over $2.22 million.

Golden Finance reports that on May 14th, according to Lookonchain monitoring, a certain whale is still increasing its short position in the S&P 500. Currently, it holds approximately $37.7 million worth of S&P 500 positions, with an unrealized loss of over $2.22 million. The liquidation price is $8,104.94.

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