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Shorting $147.6M SP500 Whale Begins Taking Profits, Closes $52.45M Position Making $561K Profit

2026-06-10 09:25

Odaily Planet Daily News According to Lookonchain monitoring, a whale that shorted $147.6 million worth of SP500 has begun taking profits. The whale closed 7,137 xyz:SP500 tokens, worth $52.45 million, making a profit of $561,000; still holding 12,865 xyz:SP500 tokens, worth $94.07 million, with an unrealized profit of $1.49 million.