Data: MakerDAO co-founder Rune continues to increase short positions on the S&P 500, with a position size reaching 2.57 million USD
According to monitoring by Hyperinsight, in the past hour, the address associated with MakerDAO co-founder Rune (0x30d3...) has rolled over and increased its short position in SP500 (S&P 500 mapping contract), accumulating an additional 68.76 contracts, valued at approximately $454,000.
After continuous accumulation, this address currently holds a total of 390 contracts of a 20x leveraged SP500 short position, raising the total position size to $2.58 million, with an overall average holding price of $6,615.5. As of the time of writing, this position has a slight unrealized profit of about $2,300, with a liquidation price set at $6,876.
This address previously held long positions in CL (WTI crude oil) and BRENTOIL (Brent crude oil) on-chain, and had opened short positions in XYZ100 and ETH as hedges, now simultaneously using NASDAQ 100 and S&P 500 as hedge positions.
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