Hyperliquid Whale opens $3.52 million SPCX empty order

According to Hyperinsight monitoring, the Hyperliquid platform address 0x17c3... ba868 opened a $3.52 million SPCX short order with 3x leverage. The average entry price of this position is $177.7, corresponding to a market value of $2.32 trillion. The liquidation price is $222, corresponding to a market value of $2.9 trillion. SPCX will enter the NASDAQ exhibition period at 21:30 (UTC+8), with SpaceX's offering price of $135, and the current on chain pricing is 29.6% higher than the offering price. The trade.xyz contract is priced at 13.08 million shares of equity and has not yet been smoothed through the Rebase mechanism.