Hyperliquid Trader Closes $2.04M SPCX Short Position, Realizes $1.13M Profit

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A Hyperliquid trader closed a 15,760 SPCX short position worth approximately $2.04 million, realizing a $1.13 million profit. The trade occurred in the crypto market amid recent price movements. Despite this gain, the wallet has recorded cumulative losses of roughly $2.69 million. The cryptocurrency market remains volatile, with large positions continuing to yield mixed results.

Odaily Planet Daily reports, according to Onchain Lens monitoring, a trader at Hyperliquid closed 15,760 SPCX short positions, worth approximately $2.04 million, realizing a profit of about $1.13 million. In the most recent closure, the SPCX short position yielded a profit of approximately $301,000, while the Samsung long position gained about $12,000. Despite recent profits, this wallet has accumulated a net loss of approximately $2.69 million.

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