A certain whale took multiple long positions on the S&P 500 during the US stock market holiday, with bullish holdings on the US stock market exceeding $1.2 million.

BlockBeats News, March 10, according to reports, in the past 4 hours, the address starting with 0x58c has continuously opened long positions in cash:USA500 (S&P 500 mapped contract) with 20x leverage during the US stock market closure, with a position size reaching $1 million and an average price of $6,773. In addition, this address also holds long positions in km:SMALL2000 (Russell 2000 mapped contract) with a size of about $220,000, showing a bullish outlook on both US large-cap and small-cap stocks.

It is shown that the current price of this contract is $6,806, slightly higher than today's S&P 500 closing price of around $6,795. During the market closure, when the on-chain contract price slightly retraced, this address added to its long position near $6,756.

In addition to US stocks, this address has also set up a crude oil hedging portfolio: going long on xyz:BRENTOIL (Brent crude oil) while shorting km:USOIL (WTI crude oil), with related positions totaling $1.4 million.