A wallet described as the largest SPCX long position on Hyperliquid has largely closed its SPCX long, realizing a loss of $300,000, according to on-chain analyst Yu Jin. According to Odaily, the address opened an SPCX long position worth $36.4 million on Hyperliquid before SPCX began trading, with an average entry price of $171.4.
After SPCX opened for trading, its price did not continue rising. The address gradually closed the position over the past several hours at an average price of $169.8, the analyst said.
Hyperliquid’s Largest SPCX Long Closes Position at a $300,000 Loss, Analyst Says
2026-06-13 00:43:42
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