$SPY the world's biggest index, yet it moves 2% in an hour

Post

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$SPY the world's biggest index, yet it moves 2% in an hour like a coin.
I've been searching, but can't find any news, folks.

SPYUSDT

Perp

20X

Opening Short

Unrealized PNL

+44.01

ROI

+94.00%

Size (USDT)

940.52

Margin (USDT)

47.03000000026077

Margin Ratio

--

Entry Price (USDT)

769.16137

Mark Price (USDT)

734.7791

Liq. Price (USDT)

826.44225

From @BitTherLv's position data

View Live Futures

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