HuoXing Finance reports that, on August 5, according to TradingBeats (formerly Hyperinsight), the large whale with address starting in 0xb37, which had previously chased the price rally of SPCX, has fully liquidated its position and exited the account; current holdings, open orders, and account net value have all been reduced to zero. Since early yesterday morning, this address accumulated purchases of 229,600 SPCX tokens, with a total trading volume of approximately $27.064 million and a weighted average price of $117.90; this morning, it sold all holdings at an average price of $114.80, realizing a loss of approximately $708,000. SPCX is currently trading at $112.39, down 3.52% over the past 24 hours, with a trading volume of approximately $874 million and an open interest value of about $174 million. Currently, million-dollar-level addresses have placed a combined total of approximately $24.278 million in orders at both upper and lower price levels. The first support zone lies between $100 and $106.10. The largest order address, starting with 0xf929, has placed five "reduce-only" buy orders to cover 50,000 SPCX positions, with a notional value of approximately $5.136 million. This buying pressure primarily stems from short-term profit-taking rather than new long positions. At lower levels between $83.80 and $96.20, clear long-building activity is evident. The address starting with 0xda1d has placed two non-"reduce-only" buy orders to open new long positions of 50,000 SPCX tokens, with a notional value of approximately $4.39 million. Above, between $133.50 and $153.00, approximately $10.761 million in whale sell orders are clustered, of which about $7.617 million represents long profit-taking and about $3.144 million is intended for new short positions; further above, between $155.40 and $180.00, an additional $2.732 million in short positions have been placed.
SPCX Whale Exits with $708,000 Loss; $24.3M in Whale Orders Remain
MarsBitShare
Summary
Whale activity on SPCX intensified on August 5 as a major holder with address 0xb37 fully sold 229,600 tokens, incurring a $708,000 loss. The whale had purchased the tokens at $117.9, totaling $27.06 million. SPCX is now trading at $112.39, down 3.52% in the past 24 hours, with $874 million in trading volume and $174 million in open interest. Whale activity remains active, with million-dollar addresses placing $242.8 million in orders across both ends of the price range.
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