A major whale holds both long positions in SPCX and short positions in BTC, with an unrealized profit exceeding $1.18 million.

TechFlow News: On June 13, on-chain analyst Onchain Lens (@OnchainLens) reported that a whale opened a long position of 54,986 SPCX tokens worth $9.09 million with 5x leverage, while simultaneously holding a short position of 320.74 BTC worth $20.4 million with 25x leverage. The current floating profit on the BTC short position exceeds $1.18 million.