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A whale has begun closing its short position on the S&P 500, currently realizing a profit of $1.44 million

2026-06-10 07:42

Odaily Odaily News, according to on-chain analyst Ember Monitoring, the US CPI data is scheduled for release at 8:30 PM tonight. The whale believes that the stock market will rise following the data release. Consequently, a whale has started to close its 50x short position on the S&P 500, valued at $148 million, on Hyperliquid. This short position was opened yesterday afternoon and has currently yielded a profit of $1.44 million.

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