S&P TOP 1 long positions hope to outperform the altcoin market in the US stock market, offsetting a loss of $4.32 million next week BlockBeats news, on April 16th, according to Hyperinsight monitoring, last week, the previously "ZEC's biggest bear" Whale opened multiple S&P500 (S&P 500 Index) orders worth up to $56.2 million, betting on the continued rise of the US stock market. The S&P 500 index rose to a new high of $7000 within the day, and this long order brought it a floating profit of approximately $1.32 million. On the other hand, it also holds short positions in the cryptocurrency market of approximately 28.2 million US dollars, covering a total of 14 different currencies, mainly concentrated in HYPE and ZEC. During the strong upward trend of HYPE today, the coin alone suffered a loss of $2.56 million on long orders, becoming the largest source of losses. Despite the fact that crypto bears only account for half of its US index positions, the whale account has still accumulated losses of over 4.32 million US dollars in the past week, with a daily loss of 500000 US dollars. Address: 0xd47587702a91731dc1089b5db0932cf820151a91