Derivatives Wallet Raises S&P 500-Linked Long to $8.4 Million
Photo: TokenPost
A derivatives wallet raised its S&P 500-linked long position to about $8.4 million while cutting its Zcash (ZEC) short by about $3.17 million, changing its exposure across both markets. The SP500 long grew from about $3.09 million during a trading window that ran from 7:57 p.m. ET Oct. 19 (23:57 UTC) to 3:48 a.m. ET Oct. 20 (07:48 UTC). The wallet closed about $1.27 million in existing longs at a loss of roughly $597, then opened about $6.59 million in new longs. The ZEC reduction began at 8:16 p.m. ET Oct. 19 (00:16 UTC Oct.
Source: TokenPost
