TechFlow news, July 3rd, according to on-chain analyst Ember (@EmberCN), the largest S&P 500 short address on Hyperliquid, "Driscoll_Yewleaf" (0x4ff9), which has already lost approximately $2 million on its S&P 500 index short position opened one month ago, recently acted again, establishing an S&P 500 short position worth $49 million at a price of $7,400. Currently, the S&P 500 has risen to $7,494, and this position is again showing an unrealized loss of approximately $620,000.
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