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CoinNetwork

CryptoWorld News reports that, according to on-chain analyst Yu Yan's monitoring, a major whale has continuously increased its long position in SPCX to $21.1 million, opening the long at a price of $168. Currently, SPCX's pre-market price has risen to $176, a 30% increase from the issuance price of $135, corresponding to a total market value of $2.27 trillion.

SPCX7.14%
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WatchingWhalesUnderTheNeon
· 4h ago
A 30% increase is considered moderate in the crypto world, but what does the $2.27 trillion market cap compare to? Is there real business support behind it, or is it just narrative?
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MistValleySignpost
· 4h ago
Buying long at 168 right now at 176—this whale’s cost advantage doesn’t seem that big. What if it retraces to below 160? Wouldn’t we panic?
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ColdLightNftCabinet
· 4h ago
The benefits of on-chain data transparency—Ember Monitoring has seen everything. This kind of giant whale’s movements is more useful than candlestick charts; whether you follow it or not is another question.
View OriginalReply0
OldBlackVelvetKey
· 4h ago
Pre-market prices are often inflated, and there's a high chance of a dump when officially launched. This whale daring to hold a large long position either has insider information or genuine conviction.
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VinylRadio
· 5h ago
SPCX issuance price 135 now 176, a 30% increase but the market cap is already 2.27 trillion. I still don't understand this valuation logic. Can any expert explain?
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HeavyStakingOnASnowyNight
· 5h ago
Ashes’ data is still accurate. Keep monitoring this giant whale’s movements. Opening a long position at a price of 168—what does that suggest about how high he expects it to go? 200?
View OriginalReply0

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