Hyperliquid Whale Opens 50x Leveraged S&P 500 Short With $147M Position Overnight

SPX5002.26%
According to Hyperinsight, a whale on the Hyperliquid platform opened and accumulated a 50x leveraged short position on S&P 500 index futures yesterday evening, completing the position build at 21:50 with 20,000 contracts worth approximately $147 million and an average entry price of $7,428. The final tranche was added when the index was trading around $7,466, placing the position near the intraday high.
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