Equation founder Vida opens $200,000 short position on SPCX at average price of $162.46

According to Equation founder Vida, he has established a SPCXUSDT perpetual short position valued at approximately $200,000, with an average entry price of $162.46 and 2x leverage.

He stated that this trade is a personal speculative move, with a planned holding period of 3 to 12 months, and mentioned he is willing to accept a maximum loss of $100,000 on a single trade.