James Wynn reduced his S&P 500 short; the updated listing showed a 93.898-point gap between the displayed mark and liquidation level, with the trade carrying 50x leverage.
The mark was 7,544.198, also the listed average opening price. The liquidation price was 7,638.096, or 93.898 points higher — a difference that rounds to 94 points.
Notional value came to about $1.21 million for the 160.134 contracts recorded at the start. The account figures showed equity of about $29,500 and floating profit of roughly $1,329. Cumulative profit for the prior week was about $24,400.
EconoTimes previously covered Wynn’s 40x short in Bitcoin (BTC) on Hyperliquid, a separate trade.
