Trader bets on Fed rate hike while shorting BTC and S&P 500
- —tetrose's Fed hike position is valued at $46,200 with an unrealized loss of $23,600
- —BTC short on Hyperliquid is about 20.95 coins worth $1.73 million, with a $6,491 loss
- —S&P 500 short is worth $2.71 million, with a $1,666 loss
- —Combined notional value of the two shorts is about $4.45 million
Why it matters: The large trader's positioning signals that part of the market is betting on Fed tightening and a drop in risk assets, including bitcoin.
Source: TokenPost