Gate News, March 20 — According to Hyperinsight monitoring, in the past two days, MakerDAO co-founder Rune’s associated address (0x30d3…) completed a short position on the S&P 500 index (a benchmark for the U.S. stock market) via a mapping contract. The position size increased to $4.66 million, with an average price of $6,606, opened yesterday. As of now, this address holds over $13.6 million in crude oil long positions (including WTI and Brent crude), $6.1 million in U.S. stock index short positions (including Nasdaq 100 and S&P 500), totaling over $20 million in holdings. In the context of ongoing escalating geopolitical conflicts, this strategy may be betting on the macroeconomic logic of the economy continuing to enter a stagflation cycle.