SpaceX is set to be added to the index, and passive funds worth 4.3 billion are on the way. The long-short ratio of SPCX at 1.44 is a bit exciting.

Coin World News, SpaceX enters the Russell 1000, only 7 days left until official inclusion in the Nasdaq 100, index adjustment may bring about $4.3 billion in passive funds. Hyperliquid SPCX 24h rose to $163, with a trading volume of approximately $230 million and open interest of about $200 million. Short positions are around $70.9 million, long positions are about $49.15 million, with shorts 1.44 times longs. The largest short whale opened a short position 5 days ago with 2x leverage, with an unrealized loss of about $450k; address 0xe4c opened a new long position of $3.26 million in SPCX with 8x leverage, entry price $160.5, now with an unrealized profit of about 13%.