According to Onchain Lens, the whale 0x9cc opened a 23,056-unit long position in SPCX with 2x leverage, worth $3.69 million. SpaceX is set to list within 48 hours, with the company planning an IPO price of $135; the leveraged price on HyperLiquid is currently $162.50.
Whale 0x9cc opens a $3.69M SPCX long position with 2x leverage
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Summary
Whale 0x9cc has opened a $3.69 million long position in SPCX using leverage trading, purchasing 23,056 tokens at 2x leverage. This move follows expectations that SpaceX will list within 48 hours, with an IPO price target of $135. On HyperLiquid, the leveraged price is currently $162.5. Trading activity in leveraged positions is increasing ahead of the listing, with traders closely monitoring price movements.
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