Woofun AI reports that a Hyperliquid address starting with 0x91d holds 12,085 SPCX long positions with an average entry price of $183.20. The position, opened during the post-listing surge, has remained unchanged for a full month despite market volatility and Nasdaq inclusion news.

The account currently faces a floating loss of approximately $577,000, representing a -52.1% decline from the entry point. With SPCX trading at $135.50, the position's margin of $509,900 is fully utilized to maintain the trade, making it the largest underwater position on Hyperliquid.