Trader Holds October Fed Hike Bet Alongside $4.45 Million in Shorts

A trader identified as tetrose is holding an October Federal Reserve rate-hike position while maintaining roughly $4.45 million in short exposure to Bitcoin and the S&P 500. On Polymarket, tetrose holds about 297,800 Yes contracts tied to a 25-basis-point increase in October. The contracts were acquired at an average implied probability of about 23.42%, while the current market-implied probability is approximately 15.5%. The position is now valued at about $46,200, leaving an unrealized loss of roughly $23,600. The account also holds short positions through Hyperliquid, including a Bitcoin (BTC) position covering about 20.95 BTC.

Source: TokenPost