SPCX Down 5% in Past 12 Hours, On-Chain Whale Shorters Opening Positions, Average Entry Price at $169

BlockBeats News, June 24, according to Hyperinsight monitoring, as of the time of writing, the 24-hour trading volume of SPCX on Hyperliquid is approximately $9.32 billion, with a 12-hour decrease of about 5.08%, currently trading at $155. On the news front, SpaceX's recent narrative revolves around the AI company's positioning, new contracts, and its inaugural U.S. bond issuance, with the latest update being a $89 billion subscription to its bond issuance.

On Hyperliquid, the multimillion-dollar SPCX large short positions continue to be maintained, but with some shorts taking profit and new bottom-fishing whales entering the market, the short position size has decreased to $42.24 million, while the long position size has increased to $31.57 million, with shorts approximately 1.34 times longs. The current average short entry position is around $169.2, with the recent liquidation line at $164.

Notably, the largest SPCX short whale holds a triple short position, entered the position approximately 7 days ago, with a current position value of around $18.54 million, an average entry price of around $167.41, a liquidation price of around $208.88, and an unrealized profit of around $1.47 million.

Address: 0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d