Two whales are shorting SP500, with total position value of approximately $89 million

CoinFeed June 25 news, according to Onchain Lens monitoring, two whales are shorting SP500, with total position value of approximately $89 million. Whale "0x469" opened a 6,500-contract SP500 short position with 20x leverage, valued at $48 million, liquidation price $8,413.66. Whale "0x4ff" opened a 5,686.66-contract SP500 short position with 7x leverage, valued at $42 million, liquidation price $8,358.13.