Rate hike odds at 15.5%, but he’s still shorting
The odds of a rate hike in October on Polymarket have fallen to 15.5%, but trader tetrose is still holding 297,800 Yes shares, bought at an average price implying 23.42% odds. They’re now worth $46,200, leaving him down $23,600.
At the same time, he’s placed a 20.95 BTC short worth $1.7345 million on Hyperliquid, along with a $2.7115 million short on the S&P 500. The two positions have a combined notional value of $4.446 million, and both are slightly underwater. His BTC short was stopped out once yesterday, but today he re-entered at the same price.
He’s betting that a rate hike will tighten liquidity and drag down valuations for both stocks and crypto. He’s still holding on with the odds at just 15.5%—making it clear he has no intention of following the market consensus.
If you’re holding long positions, would you dare to take the other side of his trade here?
$BTC $ETH $SOL
#比特币 #Federal Reserve
The odds of a rate hike in October on Polymarket have fallen to 15.5%, but trader tetrose is still holding 297,800 Yes shares, bought at an average price implying 23.42% odds. They’re now worth $46,200, leaving him down $23,600.
At the same time, he’s placed a 20.95 BTC short worth $1.7345 million on Hyperliquid, along with a $2.7115 million short on the S&P 500. The two positions have a combined notional value of $4.446 million, and both are slightly underwater. His BTC short was stopped out once yesterday, but today he re-entered at the same price.
He’s betting that a rate hike will tighten liquidity and drag down valuations for both stocks and crypto. He’s still holding on with the odds at just 15.5%—making it clear he has no intention of following the market consensus.
If you’re holding long positions, would you dare to take the other side of his trade here?
$BTC $ETH $SOL
#比特币 #Federal Reserve