Hyperliquid’s positions surpassed $200 million ahead of SpaceX’s IPO, with its largest long position reaching $17.6 million

TechFlow News, June 12: According to Hyperinsight monitoring data, SpaceX is scheduled to officially list on the NASDAQ at 9:30 p.m. Beijing Time on June 12. Ahead of its IPO, trading activity for SPCX on the Hyperliquid platform surged sharply, with a 24-hour trading volume reaching $136 million and open interest exceeding $200 million during the same period.

The largest long-position whale on Hyperliquid currently holds a long position worth $17.6 million, with an average entry price of $165.70. This position was opened two days ago and has generated an unrealized profit of $600,000 as of press time.