Negotiation expectations were suppressed, causing all U.S. stock indexes to decline; the giant whale that had allocated around $40 million to bet on a ceasefire expectation suffered a daily loss of $630,000.

BlockBeats news, on March 27, according to monitoring by Hyperinsight, the “heavy position ceasefire expectation” whale (0xebe) currently holds the following two types of hedge positions, totaling approximately 40 million USD. The portfolio may be aimed at betting on a drop in oil prices to drive a recovery in the stock market, anticipating that the US-Iran negotiations will eventually come to fruition:

S&P 500 long position: size of 29.56 million USD, opened yesterday at an average price of 6,597 USD, currently the largest long position on-chain for this asset;

Short positions in WTI and Brent crude oil: total size of 10.2 million USD, with WTI crude oil averaging 91 USD, and Brent crude oil averaging 99 USD.

However, today’s news has turned negative, as a new proposal from the US has cooled negotiation expectations, with Trump’s vague statements and Iran’s hardline responses creating a tug-of-war, continuously undermining market confidence in a ceasefire. Throughout the day, the three major US stock indices collectively closed lower, with the Nasdaq down 2.38%, and the S&P 500 down 1.74%, marking the largest drop since the start of the conflict; oil prices rose slightly in tandem.

As a result, this whale’s positions faced dual pressure, with an intraday loss exceeding 630,000 USD.