📰 【S&P TOP 1 Holdings Long Positions Hope US Stocks Beat the Altcoin Market—Will Lose $4.32 Million Next Week】

BlockBeats news. On April 16, according to monitoring by Hyperinsight, last week the previously “ZEC’s largest short” whale opened S&P 500 (Standard & Poor’s 500 Index) long positions with a size as large as $56.2 million, betting that US stocks will keep rising. During the day, the S&P 500 index climbed above $7,000, hitting a new high; this long position brought it about $1.32 million in unrealized profit. On the other side, it also held about $28.2 million in short positions in the crypto market, covering 14 different coins, mainly concentrated in HYPE and ZEC. During HYPE’s recent strong surge, the long position in this coin alone was already down $2.56 million in unrealized losses.
Bro, I swear! Did this whale’s brain get smashed by the door? Going all-in on US stock longs while relentlessly shorting altcoins! $HYPE just wiped out $2.56 million! You really think the crypto market is a cash machine? This round of back-and-forth hedging play is so smooth—next week he’ll lose so much he’ll be like a dog! What does the new high in US stocks have to do with me? The crypto world is the real battlefield! This move is just plain giving money to the dog market makers—hilarious! 👇👇👇👇👇