Huo Xing Cai Jing reports that on June 12, according to Lookonchain monitoring, a whale with 2x long position on SpaceX has increased their long position to 202,305 xyz:SPCX (valued at $35.14 million), with a liquidation price of $95.12. The whale initiated a 2x long position on SPCX this morning, with an initial position value of $17.33 million.
Whale Increases 2x Long Position on SpaceX, Liquidation Price at $95.12
MarsBitShare
Summary
A whale has increased its 2x long position in SpaceX (SPCX) to 202,305 xyz:SPCX, valued at $35.14 million, using a position trading strategy. The whale initially opened the position with $17.33 million, and the current liquidation price is $95.12. This move demonstrates careful position sizing, with total exposure nearly doubling in a single session.
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