The largest long liquidation on Hyperliquid amounted to $36.4 million in SPCX, resulting in a loss of approximately $300,000.
BlockBeats News, June 13th - According to on-chain analyst Yu Jin, the largest long position on Hyperliquid has essentially closed out its SPCX long position, ultimately failing to make a profit and instead losing approximately $300,000.
The address had accumulated a long position in SPCX worth about $36.4 million on Hyperliquid before SPCX was listed. The average entry price was $171.4. Following the SPCX listing, the price remained around that level without further upward movement. Over the past few hours, the address has been gradually closing out its position at an average price of $169.8, incurring a loss of about $300,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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