Two Whales Deploy $11.7M in Long Positions on SPCX via Hyperliquid
2026-06-17 14:37

Monitored by Woofun AI, two significant market participants initiated long exposure on SPCX through Hyperliquid at midday. These entities established positions with an average entry price of approximately $204, accumulating a combined notional value of $11.7 million. The nearest liquidation threshold for these holdings stands at $157, indicating a substantial downside buffer relative to current market levels.

At the time of observation, SPCX was trading at $204.3 on the Hyperliquid platform. The asset maintains a market capitalization of roughly $2.69 trillion, despite experiencing a 3.7% decline over the preceding 12 hours. This valuation currently positions SPCX as the fifth-largest entity in the US stock market by capitalization. The specific wallet addresses associated with these transactions are 0x519c721de735f7c9e6146d167852e60d60496a47 and 0xf929122994e177079c924631ba13fb280f5cd1f9.

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SPCX
Hyperliquid
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