A certain whale uses 30x leverage to short Nasdaq 100 in advance, with a short position size of $1.04 million.

BlockBeats news, on March 11, according to Hyperinsight monitoring, during the previous US stock night session, a whale with address starting 0x980 on Hyperliquid opened a short position in XYZ100 (Nasdaq 100 mapping contract) with 30x leverage. The opening average price was $25,053, liquidation price was $27,406, and the position size reached $1.04 million.

Hyperliquid data shows that XYZ100 is currently quoted at $24,977, down 0.4% in 24 hours, volatility has narrowed, and price fluctuations have been small in the past two days.