Whale Accumulates Over $1.24M in Losses on SPCX Long Positions Since July 16, -174.5% Return

SPCX-6.62%
According to Hyperinsight, a whale at address 0x3527 has accumulated over $1.24 million in unrealized losses on SPCX long positions since July 16, with a return rate of -174.5%. The whale is holding 20x leveraged SPCX longs at an average entry price of $127.1, with a position value of approximately $12.96 million. As of July 23, SPCX traded at approximately $116, down 49.6% from its $230 peak and 14.1% below the $135 IPO price.
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