Hyperliquid's Largest SPCX Long Position Fully Closed at $36.4 Million, Incurring a $300,000 Loss

According to on-chain analyst Ember CN, the largest SPCX long position on Hyperliquid has been fully closed, incurring a loss of $300,000. The address had opened a $36.4 million SPCX long position on Hyperliquid before the SPCX launch, with an average entry price of $171.4.

After SPCX was listed and began trading, the price failed to continue rising. The address subsequently closed the position over the past few hours at an average price of $169.8.