A whale added to a 7x short position on SP500 worth $37.67 million, with floating losses exceeding $2.19 million

Odaily reported that a whale deposited 2 million USDC into HyperLiquid and increased its 7x short position on the S&P 500, which is now valued at $37.67 million. The whale is currently facing floating losses exceeding $2.19 million, with a liquidation price of $8,104.85.