Large 20x long position opened in SPCX following cancellation of SKHX buy order

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A large trader address 0xb37…a66ca canceled SKHX buy orders between $991.22 and $1016.60 and opened a 20x long position in SPCX as part of a position trading strategy. The position size totaled 147,000 SPCX at $114.96, amounting to $16.98 million, making it the largest position on Hyperliquid.

According to on-chain analyst Ai Yi, the address 0xb37…a66ca canceled its limit buy orders for SKHX in the $991.22 to $1,016.60 range and opened a 20x long position of 147,000 SPCX at $114.96 after SPCX rebounded, worth $16.98 million, becoming the largest SPCX position on Hyperliquid.

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