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Hyperliquid's largest SPCX short position is currently showing a paper loss of $4.46 million, with a liquidation price of $249.
Svmuu News: According to on-chain analyst Yu Jin, the total market capitalization of SPCX has reached $2.8 trillion. As SPCX rose to $214 during night trading, the address holding the largest SPCX short position on Hyperliquid is currently facing a paper loss of $4.46 million. The address opened a short position of 111,000 SPCX shares at $173, worth $23.75 million, with a liquidation price of $249.
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Source：Odaily · Source Link
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