[Repeated Liquidations Followed by 'Chasing Highs and Selling Lows'—Whale Opens 50x Leveraged Short Position on S&P500, Losing 19% Immediately After Opening] BlockBeats news, April 2: According to monitoring by Hyperinsight, in the past 20 minutes, the 'Chasing Highs and Selling Lows' whale (0x965) opened a 50x leveraged short position on S&P500 (Standard & Poor's 500) with a position size of $12.2 million at an average price of $6,453.5. This position incurred a loss of 19%, approximately $45,000, within ten minutes of opening. The current liquidation price is at $6,537.7. Additionally, this address has fully closed its intraday short position on BRENTOIL, with daily losses amounting to $806,000. A total of $478,000 in funds has been successively replenished to Hyperliquid.