Woofun AI data shows that a specific address on Hyperliquid has incurred significant losses on an SPCX long position held for nearly one month. The address, starting with 0x91d, entered the market during the initial listing surge and maintained the position without adjustment through subsequent volatility, including Nasdaq inclusion news and later price declines. The current notional size stands at approximately $1.638 million with an average entry price of $183.2. As the price breached the cost basis by roughly 26.1%, the unrealized loss reached a peak of $616,000 before settling at approximately $577,000, representing a -52.1% drawdown. The account utilizes its entire margin of about $509,900 to sustain this exposure, leaving no additional collateral buffer against further downside risk.