BlockBeats News, March 13. According to Hyperinsight monitoring, on the eve of the US January PCE Price Index announcement, there were 6 whales (with a scale of over a million US dollars) on Hyperliquid who had pre-positioned in XYZ100 (Nasdaq 100 perpetual contract), with the largest position held by a whale whose address starts with 0x9e8.
The address currently holds a 20x leveraged XYZ100 short position, with a position size of $13.56 million, an average price of $24,723, and a current unrealized profit of $127,000 (18%). This transaction is the first time this address has significantly increased its holding in on-chain US stock contracts; previously, its operations were mainly focused on BTC and ETH long positions. Additionally, it also holds a $3.7 million CL (WTI crude oil) long position.
In terms of news, the US is about to announce the January PCE Price Index. The market generally expects PCE to rise by 2.9% year-on-year, with core PCE growing at a year-on-year rate of 3.1%. If core PCE year-on-year growth reaches or exceeds 3.2%, it will significantly weaken the market’s expectations of a rate cut later this year, thereby putting pressure on risk assets such as the Nasdaq.
