On the eve of the US CPI release, a Hyperliquid whale shorted $110 million on the S&P 500.
June 9th, per Hyperinsight Monitoring, the U.S. May CPI data will be released tomorrow at 8:30 PM Beijing time. Following last week’s surprisingly strong non-farm payrolls report, this CPI release will further confirm whether inflation is picking up, which will impact market expectations for interest rate cuts. Since last Friday, while there has been a slight rebound after a pullback, the S&P 500 remains roughly 1.54% below its recent peak.
On the eve of the data release, a major whale on Hyperliquid opened a 15,000x leveraged short position on the S&P 500, with a position size of approximately $1.115 billion. The entry price stands at $7,417, and the liquidation price is $8,294.9, making this currently the largest S&P 500 short position on the platform.
Address: 0x97f8219e401f07752a60ddb0a75efda96d1389d9
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