Macro· ★★· neutral·

Trader opens $2.31M S&P 500 short and buys Fed hold contracts

  • —Hyperliquid S&P 500 short: 300 contracts worth $2.31M, unrealized loss $1,140
  • —Polymarket purchase: 8,400 contracts on a Fed hold for $7,812
  • —Implied odds of a hold rose from 93% to 95.85%
  • —FOMC meets Oct. 27–28; decision due Oct. 29
Why it matters: The paired bets show traders positioning for a Fed pause that could set the tone for risk assets, including crypto, after the Oct. 29 decision.
Source: TokenPost
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