Monitored by Woofun AI, two whale addresses have collectively established short positions on the S&P 500 valued at approximately $90 million. Address '0x469' initiated 6,500 units with 20x leverage, totaling $48 million and setting a liquidation price of $8,413.66.

Concurrently, address '0x4ff' opened 5,686.66 units using 7x leverage, amounting to $42 million with a liquidation threshold of $8,358.13.