Equation News founder Vida closes SPCX short position, hints at future shorting again
2026-06-16 09:54
Odaily reported on June 11 that Equation News founder Vida disclosed opening a SPCXUSDT perpetual short position with a value of approximately $200,000. On June 16, Vida posted on his personal Telegram channel that he had closed the SPCX short position, ultimately incurring a loss of over $60,000. However, he still believes the company is extremely overvalued.
"I just want to find a better time window to reconsider executing this trade (a potential good window is after the 20% share unlock held by employees). For now, it's time to stop."
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