Data: On-chain S&P 500 Index TOP1 holder is bullish on the market, with a long position size reaching 66.28 million USD

According to monitoring by Hyperinsight, after the S&P 500 index surged to a new high last week, it has tested the peak three times in a row, with the amplitude gradually narrowing, accompanied by a continuous rise in the bottom support range. The S&P 500 contract on the Hyperliquid platform fell below $7,100 during the pre-market trading session, currently reported at $7,090.

The largest long position on the platform for the S&P 500 currently has a scale of $66.28 million, with an average opening price of $6,891, opened on April 10, and the current floating profit still reaches $1.9 million, with no reduction in position during the holding period.

It is reported that this address was previously the "largest short" whale for ZEC, holding a long-term bearish view on several altcoins in the crypto market. Currently, the largest position in the crypto portfolio is a short position in HYPE, with a scale of $7.76 million, an average price of $36.91, and a current floating loss of $760,000.