HuoXing Finance reports that, as of August 4, according to TradingBeats (formerly Hyperinsight), SPCX continued its rebound today, trading at $114.69, up 5.5% in the last 24 hours and up 9.5% from its low. Since yesterday, seven seven-figure wallets have all established long positions in SPCX, collectively holding 238,800 tokens with a total position value of approximately $27.386 million and a weighted average entry price of about $112.00, resulting in a combined unrealized profit of around $636,000. The wallet beginning with 0xb37 contributed the largest position. This whale began accumulating SPCX early this morning through 83 trades, purchasing a total of 147,500 SPCX tokens for a total volume of approximately $16.958 million at a weighted average price of $114.96; it currently holds a long position of approximately $16.918 million with 20x leverage, which is its sole position. As of this writing, this position is experiencing an unrealized loss of approximately $40,000 (-5.1%), accounting for 61.8% of the total long exposure across the seven wallets. Its liquidation price is $105.43, just about 8.1% below the current price—near the overnight low of $105 observed yesterday. If the price retraces to yesterday’s low, this whale will be the first to face liquidation risk. Funding records show that this address received 1.449 million USDC early yesterday, and began establishing its SPCX long position approximately 20 hours later. During today’s early trading period, the source address transferred an additional 350,000 USDC to it; the two recent transfers total approximately $1.799 million. This address first received approximately 1 million USDC on July 10 and began trading thereafter. Since then, it has traded 21 different assets spanning semiconductors, U.S. stock indices, crude oil, and cryptocurrencies, accumulating realized profits of approximately $572,000.
SPCX Rebounds 9.5% as Whale Adds $27.4M Long Position
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Summary
Long-term investors are driving SPCX higher as the asset rebounds 9.5% from a recent low, trading at $114.69 on August 4, 2026, with a 5.5% gain in the past 24 hours. Whale activity reveals that seven million-dollar-level addresses have opened 238,800 long contracts totaling $27.386 million. The largest mover, address 0xb37, added 147,500 SPCX contracts across 83 trades at an average price of $114.96. Leveraged at 20x, the position currently holds a $40,000 floating loss (-5.1%) and accounts for 61.8% of all long positions. The liquidation price is set at $105.43, 8.1% below the current price. Position trading remains active as the market tests stability at key levels.
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