CryptoWorld News reports that, according to Arkham monitoring, trader 0x9cc deposited 16.6 million USDC into HyperLiquid within the past 48 hours to leverage a long position on SPCX. The trader currently holds a long position in SPCX worth $18.5 million, with 10 million USDC still on-chain. Arkham states that this is the largest long position in SPCX to date.

SPCX6.91%
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GateUser-953e1a14
· 3h ago
18.5 million dollars long position, with an on-chain reserve of 10 million USDC as ammunition, clearly not planning to run.
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Miner'sOldKeyboard
· 4h ago
This position is too aggressive. What's the background of SPCX that can make whales so reckless?
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