“SPCX’s largest short” — the short position was covered to $27.7 million, with a daily profit of $1.4 million

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BlockBeats News, June 18 — According to Hyperinsight monitoring, the "Largest Short Position" whale on Hyperliquid has been continuously covering SPCX short positions within the past hour. Currently, this address is short 145.5k SPCX with 3x leverage, with a position value of approximately $27.7 million, unrealized gains of $1.4 million, and a return rate of about 14.4%.

It is reported that this address started building a large short position when SPCX price was above $200 yesterday, with the position size once reaching $30 million. Today, SPCX continued to decline and briefly fell near $190. The whale partially took profits during this period, then increased its short positions again, using some of the profits to roll over and take profits, with the average entry price now lowered to $200.2.

Address: 0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d

SPCX-6.35%
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