TechFlow reports, July 17, according to Hyperinsight monitoring, SpaceX (SPCX), listed for just over a month, deepened its decline this week. On Wednesday, SPCX stock fell below the $135 IPO offering price intraday for the first time since listing, closing at $135.27 that day; the decline continued on Thursday and spread to after-hours trading.
SPCX wicked below $120 early in the morning, then rebounded, currently trading at $126.2. It fell below the offering price by about 11.1% compared to the $135 issue price, dropped about 25.4% from the first-day closing price of $160.95, and drew down about 46.8% from the all-time high of $225.64 since listing.
Amid the decline, during Thursday's intraday to after-hours session in the US stock market, two SPCX longs (0x5adb) (0xb760) were liquidated by the market successively, closing a total of 38,896.4 SPCX tokens, with a cumulative liquidation turnover of $4.9723 million and realized losses of $599,700. Details of the two liquidations are as follows:
The whale with address starting with 0x5ad who was liquidated first did not leave; about 2.5 hours later, they repurchased 14,546.44 SPCX tokens at an average transaction price of $131.09 and a turnover of $1.9069 million, holding with 8x isolated margin mode. The current position value is $1.8355 million, with an unrealized loss of $71,400, liquidation price at $117.6, about 6.75% away from the current price.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
