On October 10, according to TradingBeats monitoring, the implied probability on Polymarket that “The Fed will raise interest rates by 25 basis points in October” was only around 15.5%, while trader tetrose continued to hold the previously established bet on a rate hike, as well as short positions in BTC and the S&P 500 index worth around US$4.45 million on Hyperliquid.
In the prediction market, tetrose currently holds around 297,800 Yes shares on a “25-basis-point rate hike in October,” with an average purchase cost equivalent to an implied probability of around 23.42%. As market expectations of a rate hike have eased, the position is now worth around US$46,200, with an unrealized loss of around US$23,600.
Meanwhile, after being stopped out yesterday, tetrose opened another short position of around 20.95 BTC, worth approximately US$1.7345 million, with an unrealized loss of around US$6,491. In addition, tetrose holds a short position in the S&P 500 index worth approximately US$2.7115 million, with an unrealized loss of around US$1,666. The combined notional value of the two short positions is around US$4.446 million.$BTC