Woofun AI reports that Driscoll_Yewleaf, identified as the largest S&P 500 short-selling whale on Hyperliquid, has initiated a new short position. The account sold SP500 contracts valued at $49 million at a price of $7,400 per contract over the last two days. With the SP500 index currently trading at $7,494, the position reflects an unrealized loss of approximately $620,000. This follows a previous short attempt one month ago that resulted in losses nearing $2 million.