SPCX surged to $214 in after-hours trading; the largest short position on Hyperliquid has incurred a floating loss of $4.46 million.

TechFlow News: On June 16, according to on-chain analyst Yu Jin (@EmberCN), as SPCX’s after-hours trading price surged to $214, its total market capitalization reached $2.8 trillion. The largest SPCX short position on Hyperliquid has now incurred a floating loss of $4.46 million. This address previously opened a short position of 111,000 SPCX shares at $173 (approximately $23.75 million), with a current liquidation price of $249.