According to on-chain analyst Onchain Lens (@OnchainLens), as SpaceX is expected to go public within the next 48 hours, the whale address 0x9cc has opened a 2x leveraged long position of 23,056 SPCX, with a position value of approximately $3.69 million. Information indicates that the company plans to set its stock offering price at $135, while the leveraged trading price on HyperLiquid is currently at $162.50.
Whale Opens $3.69M 2x Leverage SPCX Long Position on HyperLiquid
TechFlowShare
Summary
A whale address (0x9cc) has executed a 2x leverage trade on HyperLiquid, purchasing 23,056 SPCX for $3.69 million. On-chain trading signals indicate increased interest as SpaceX is set to go public in 48 hours. The stock is expected to open at $135, while the leveraged price on HyperLiquid is at $162.5.
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