Whale Alert: Two whales short US stock index totaling $37 million

According to TradingBeats monitoring, after the PPI release and ahead of the CPI announcement, two large whales on Hyperliquid successively adjusted their US stock index positions, opening a total of approximately $36.882 million in XYZ100 and SP500 short positions. The address starting with 0x469e, which was previously neutral, began building XYZ100 short positions post-PPI, totaling 500 contracts traded for about $14.508 million, with an average entry price of roughly 29,015.81 points. As of press time, this address still holds its full XYZ100 short position, valued at around $14.536 million, with an unrealized loss of approximately $28,000. It has also set a triggered take-profit market order at 28,800 points, about 0.9% from the current price. Meanwhile, another address 0x42bc completed a round of index short position switching. This address previously closed about 500 XYZ100 short positions, locking in a profit of roughly $253,000, then shifted its risk exposure to SP500, opening a total of 2,942.73 short contracts for approximately $22.375 million, with an average entry price of about 7,603.33 points. Currently, this address’s SP500 short position is valued at around $22.353 million, with an unrealized profit of approximately $22,000, and it still retains an additional short position plan worth about $1.384 million.