JUST IN: A whale on Hyperliquid built a 50x leveraged S&P 500 short, about $147M at ~7,428, as price topped near 7,466. Minutes later, SPX dumped ~3% in two hours, unrealized P&L briefly ~$3.6M. $SPX


Implication: elevated leverage bets on macro moves can amplify near-term hit...
SPX500-1.44%
SPX-1.79%
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