SPCX falls back near the IPO level, a classic scenario of both bulls and bears being trapped

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CoinNetwork
Crypto news: According to Crypto news data, in the past 24 hours the liquidation amount of SPCX perpetual contracts exceeded $76 million. In the overall scale of liquidations across crypto derivatives, it ranks only behind BTC and ETH. SPACEX’s share price has recently fallen consecutively; during the day it even broke below the $150 opening price on its first listing day. The 24-hour low was $147.16, but it is still above the $135 IPO issue price.
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