A trader increased their short position in Hyperliquid's SpaceX-linked SPCX contract by a net $7.25 million, raising the total open exposure to about $17.55 million. The trader held 109,793.82 contracts, a 73.1% increase from the start of the day, with an average entry price of $153.44 and a liquidation price of $207.27. Despite an unrealized loss of approximately $705,900, the position remains open, indicating the trader is maintaining a significant bet against SPCX's price. This move highlights active speculative trading in SpaceX-related digital contracts on Hyperliquid.
The short position in Hyperliquid's SpaceX-linked SPCX contract grew by $7.25 million to a total open exposure of $17.55 million. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 22, 2026 02:51 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell today. Notable moves include SXP (Solar) down 46.27% to Rp37 with a typical hold time of 94 days, BAL (Balancer) up 11.14% to Rp16.297 with a typical hold time of 85 days, and BAT (Basic Attention Token) down 11.05% to Rp3.245 with Pluang order activity showing 57% sell and 43% buy, and a typical hold time of 93 days.
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