Address 0x97f8 Opens $111.6M Short Position on S&P 500 Futures With 50x Leverage Today

SPX500-0.3%
According to Lookonchain, address 0x97f8 opened a 50x leveraged short position on S&P 500 futures contract (xyz:SP500) today, shorting 15,001 contracts worth approximately $111.6 million in notional value. The position's liquidation price stands at 8,294.9 points, providing only a 9% buffer relative to the current S&P 500 level of approximately 7,600 points.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments