HuoXing Finance reports that, on August 4, according to TradingBeats (formerly Hyperinsight), none of the seven seven-figure long positions in SPCX disclosed this morning have reduced their positions; they still collectively hold approximately 238,800 long contracts, with the total position value rising to $27.7 million as the price increased. Among them, the top long holder, 0xb37, continues to hold 147,500 SPCX contracts, with a position value of approximately $17.11 million, an average entry price of $114.96, a paper profit of about $150,000, and a liquidation price of $105.45. This address has neither moved its position nor added margin, maintaining its assessment that the $105 liquidation level remains a valid support. SPCX is currently trading at $116, up approximately 1.2% from this morning’s $114.68, reaching a high of $117.47. With prices continuing to recover and all seven early longs holding firm, the morning market continues to reflect a bullish sentiment that “pessimistic expectations have been partially priced in.” In the afternoon, capital flows shifted: as positions were added and leverage increased, the total value of seven-figure long positions rose from $44.115 million to $82.633 million, while short positions increased from $47.098 million to $84.257 million—adding a combined $75.677 million in half a day. Longs added approximately $38.518 million, and shorts added about $37.159 million, with nearly equal incremental increases on both sides. Open interest across the entire market rose by approximately 6.5% during the same period, with open contract value reaching around $229 million, indicating continued inflow of leveraged capital. However, in the last hour, six long positions have exited while 34 new short positions were opened; following today’s rebound and nearing the earnings release, marginal capital is increasingly favoring shorting or establishing downside protection.
SPCX Enters Earnings and Thaw Pricing Window, Adds $76M Whale Position in Half a Day
MarsBitShare
Summary
SPCX enters its earnings and thaw pricing window, with a $76 million whale position added in half a day. Seven million-dollar long positions tracked by TradingBeats remain unchanged, holding 238,800 contracts worth $27.7 million. The largest long, 0xb37, holds 147,500 contracts valued at $17.11 million, up $150,000 in unrealized profit. SPCX rose 1.2% to $116, with longs and shorts adding $38.5 million and $37.2 million respectively, pushing open interest up 6.5% to $229 million. In the past hour, six longs closed their positions while 34 shorts opened, shifting near-term positioning. Traders are monitoring key support and resistance levels ahead of the earnings report, as value investing in crypto remains a priority.
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