PANews reported on March 19 that, according to Onchain Lens monitoring, Sky co-founder Rune Christensen is shorting stocks while going long on commodities. With the launch of S&P 500 trading on HyperliquidX, Rune has used 20x leverage to short the S&P 500 while increasing the size of his BrentOil (7x) long position.

In addition, there are TWAP orders in operation to further increase the position.