👀 The biggest Hyperliquid traders are all taking the same direction.
Almost all the main traders on the platform are currently short on SpaceX (SPCX).
📉 A positioning that reflects a strong short-term bearish sentiment. https://t.co/40mdYiga0B

👀 The biggest Hyperliquid traders are all taking the same direction.
Almost all the main traders on the platform are currently short on SpaceX (SPCX).
📉 A positioning that reflects a strong short-term bearish sentiment. https://t.co/40mdYiga0B
$SPCX has nearly erased its IPO day pop.
Priced at $135, closed day one near $161, ripped to roughly $225 intraday on June 16. Now it is back in the $145 to $150 zone.
The real risk is what happens when hype meets supply.
The 3 scenarios matter here: a break below the $135 IPO price, a long consolidation, or a momentum reset back toward prior highs.
https://t.co/5o4V0zEJX9
🚨 INSIGHT: Nearly all top traders on Hyperliquid are currently shorting SpaceX (SPCX). https://t.co/hSdExIdKLs