The largest S&P 500 short whale on Hyperliquid has opened new short positions and is currently facing an unrealized loss of $620,000.

Foresight News reports, according to Ember monitoring, the largest S&P 500 short whale on Hyperliquid, Driscoll_Yewleaf, shorted the S&P 500 index one month ago and lost about 2 million US dollars. In the past two days, this address started shorting the S&P 500 index again, selling 49 million US dollars worth of SP500 at a price of 7,400 US dollars. Currently, SP500 has risen to 7,494 US dollars and this address now has an unrealized loss of approximately 620,000 US dollars.