SPCX is facing significant selling pressure as whale positions begin to collapse.

SPCX is currently experiencing a sharp downward trend, testing the confidence of major market participants.

A major whale position is now nearly $1.2 million in loss, indicating that the current structure is under considerable stress.

When you see such high unrealized losses on a wallet, it often triggers a series of forced liquidations when the price fails to hold key support levels.

I am watching to see whether the bulls can defend the current range or if the selling momentum will accelerate further.

Do you think this whale will increase its position or give up here?