Hyperliquid's largest SPCX short position is facing a floating loss of $4.46 million, with a liquidation price of $249

According to monitoring by on-chain analyst Yujin, the total market cap of SPCX has reached $2.8 trillion. As SPCX rose to $214 during overnight trading, the largest SPCX short position address on Hyperliquid is currently facing a floating loss of $4.46 million. The address opened a short position of 111,000 SPCX at $173, valued at $23.75 million, with a liquidation price of $249.