A newly created wallet opened a 10x leveraged long position worth approximately $8.5 million in SPCX.

TechFlow News: On June 15, according to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet, 0x3E7, deposited 1.7 million USDC into HyperLiquid and opened a 10x leveraged long position of 49,687 SPCX shares. The current position value is approximately $8.5 million, and the position continues to increase.