Ahead of SpaceX's IPO, Hyperliquid's holdings surpassed $200 million, with the largest long position reaching $17.6 million.

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According to TechFlow TechFlow, on June 12th, Hyperinsight monitoring showed that SpaceX planned to officially list on Nasdaq at 9:30 PM (Beijing time) on June 12th. Ahead of the IPO, trading activity on the SPCX platform surged, with 24-hour trading volume reaching $136 million and open interest exceeding $200 million during the same period.

The largest long whale on Hyperliquid currently holds a $17.6 million long position at an average price of $165.7. This position was opened two days ago, and as of press time, it has already generated a floating profit of $600,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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