SPCX has fallen 5% in the past 12 hours, with the average entry price of large on-chain short sellers standing at $169.

According to Hyperinsight monitoring, as of press time, SPCX’s 24-hour trading volume on Hyperliquid stands at approximately $932 million, with a 12-hour decline of around 5.08%, currently priced at $155. On the news front, SpaceX’s recent narrative has revolved around its AI company positioning, new contracts, and its first U.S. bond issuance. The latest update is that its bond offering drew $89 billion in subscriptions. On Hyperliquid, SPCX’s positions of $1 million or more remain net-short, but as some short sellers take profits and new bottom-fishing whales enter the market, the short position size has fallen to $42.24 million, while long positions have risen to $31.57 million, putting shorts at roughly 1.34 times longs. The moving average for large short positions is currently around $169.2, with the latest liquidation line at $164. Notably, the largest short whale holding SPCX holds a 3x short position, opened approximately seven days ago. Its current position value is around $18.54 million, average entry price ~$167.41, liquidation price ~$208.88, and unrealized profit of ~$1.47 million. Address: 0xfc27136e42af1732ddc9ce2605ea9bff1b959d9d