Monitored by Woofun AI, a prominent whale on Hyperliquid has aggressively expanded its short exposure to SPCX, accumulating a position valued at approximately $27.7 million. The address is currently shorting 14.55K SPCX contracts with 3x leverage, generating an unrealized gain of $1.4 million and a return rate of roughly 14.4%.

Since initiating large-scale shorts when SPCX traded above $200, the entity scaled the position up to $30 million before taking partial profits as the asset price retreated toward $190. The whale subsequently utilized realized gains to roll over trades, lowering the average entry price to $200.2. The specific wallet address involved is 0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d.