Woofun AI data shows that SPCX on Hyperliquid trades at approximately $116, marking a 49.6% decline from its $230 high and a 14.1% drop below the $135 IPO price. The asset hit an intraday low of $114.48, extending the drawdown to 15.2%.

A whale address starting with 0x3527 holds a 20x leveraged long position in SPCX with an average entry of $127.1. The position value stands at $12.958 million, carrying an unrealized loss of $1.238 million and a negative ROI of -174.5%. The theoretical liquidation price is $113.06, just $2.94 away from the current market price. The address uses 301,900 HYPE tokens as collateral to support the position, with SPCX accounting for approximately 72% of the total position value.