Before SPCX Listing, Binance Holds $395M in Contracts, Kraken IPO Raises $888M

SPCX-1.10%
HYPE-3.64%

According to on-chain analyst Ai Yi, Binance spot contracts held $395 million in SPCX positions before the listing opening, while Hyperliquid contracts held $273 million. Kraken's IPO subscription total reached $888 million, with Binance wallet accounting for $557 million.

Polymarket betting on SPCX's closing market value exceeded $13 million in trading volume.

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