【Whale Alert】Smart money’s early short positions on SPCX have generated a 327% profit; the first lock-up release window is likely to arrive in over 20 days.

According to Hyperinsight’s monitoring, SPCX was officially added to the Nasdaq 100 Index ahead of the U.S. stock market opening on July 7. The address starting with 0xf929 took a contrarian short position the day before the positive news took effect, likely judging that the good news had already been priced in. It opened its position in the afternoon of July 6 and continued adding to it until the morning of July 10. Currently, this SPCX short position totals 1,005 contracts with an average price of $163.1, for a total short volume of around 44,000 units. As of press time, SPCX is trading at $136.5, and the address has an unrealized profit of $1.167 million, with a return rate of 327.2% and a liquidation price of approximately $202.7. The market’s main current expectation is that SpaceX (ticker: SPCX) will release its first quarterly earnings report after the U.S. market closes on August 6 (Eastern Time). The first earnings-triggered lock-up expiration is around the market open on August 10, allowing the sale of 20% of locked shares; an additional 10% may be unlocked if the stock meets performance targets. The first fixed lock-up expiration of 7% is expected around August 21. In addition to the SPCX position, the address’s long Ethereum (ETH) position also generated high returns. It bought 4,000 ETH on July 2, and currently holds a fully-leveraged long position of around $7.702 million at 20x leverage, with an average entry price of $1,658.7. It now has an unrealized profit of approximately $1.067 million, with a return rate of around 321.6%. Beyond these two high-return positions, the address started bottom-fishing for SK Hynix last night and continued adding to its position this morning. This round totals 5,000 long contracts with a transaction value of around $6.566 million; it currently holds a fully-leveraged position at 10x leverage, with an average price of $1,313.2, and an unrealized loss of approximately $351,000.