Address With More Than $25.79 Million in Gains Cuts SP500 Short

An address with more than $25.79 million in cumulative gains reduced its SP500 short over 54 minutes on Oct. 14, closing roughly $3.18 million in shorts and opening or adding about $400,000. The activity ran from 8:06 to 9 p.m. ET (00:06 to 01:00 UTC on Oct. 15). The position’s value fell from about $5.24 million to $2.46 million during the window. The address realized about $6,277 on closed SP500 shorts. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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