The Giant Whale account incurred a weekly loss of $4.32 million due to short positions in cryptocurrency

According to Hyperinsight monitoring, the previous "ZEC's biggest bear" Whale opened over $562 million worth of S&P 500 orders last week, and the S&P 500 index hit a new high of $7000, bringing it a floating profit of approximately $132 million. At the same time, the giant whale holds approximately $282 million in short positions in the cryptocurrency market, covering 14 currencies, with HYPE experiencing a single coin floating loss of $256 million, becoming the largest source of losses. Overall, the account has accumulated a weekly loss of over $4.32 million, with a daily loss of up to $500000. Address: 0xd47587702a91731dc1089b5db0932cf820151a91