The targets with a market value of 2.8 trillion yuan dare to go all-in on holding large short positions—yet the liquidation line at 249 is already not far off. This is the public execution of the transparent on-chain era.

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CoinNetwork
CryptoWorld News reports that, according to on-chain analyst Yu Jin monitoring, SPCX’s total market capitalization has reached $2.8 trillion. As SPCX’s after-hours trading rose to $214, the largest SPCX short position address on Hyperliquid is showing an unrealized loss of $4.46 million. This address opened a short position of 111k SPCX at a price of $173, valued at $23.75 million, with a liquidation price of $249.
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