Two whales short SP500, with a total position value of approximately 89 million US dollars

According to Onchain Lens monitoring, two whales are short selling SP500, with a total position value of approximately $89 million. Giant Whale 0x469 opened 6500 SP500 short positions with 20 times leverage, valued at $48 million and cleared at $8413.66. Giant Whale 0x4ff opened 5686.66 SP500 short positions with 7x leverage, valued at $42 million and cleared at $8358.13.