📰 【S&P TOP 1 holdings long positions hope for US stocks to outperform altcoin market, resulting in a loss of $4.32 million next week due to opposing positions】

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 rise of US stocks. During the day, the S&P 500 index rose above $7,000, hitting a new high, bringing approximately $1.32 million in unrealized profit from this long position. On the other side, it simultaneously held about $28.2 million in crypto market short positions, covering 14 different coins, mainly concentrated in HYPE and ZEC. During HYPE's recent strong surge, just this coin’s long position was floating a loss of $2.56 million.
I swear! Has this whale’s brain been caught in a door? One side going all-in on US stocks long, the other wildly shorting altcoins! $HYPE directly wiped out $2.56 million! Does he really think the crypto world is an ATM? This kind of mutual counterplay is playing out smoothly, next week he’ll be completely wrecked! The new high of US stocks has nothing to do with me, the real battlefield is in crypto! This move is just pure money-giving to the market makers, hilarious! 👇👇👇👇👇