Whale address 0x97f closes HYPE and opens SP500 short position

Monitoring shows that Whale Address 0x97f closed its long position in HYPE at a loss of $3.22 million and sold 165400 HYPE in the spot market, earning $1.98 million. Subsequently, the address opened 15000 SP500 short positions, using 50 times leverage, with a total value of $111 million and a liquidation price of $8295.66. （Onchain Lens）