Whale Takes 3x Leveraged Long Position in SPCX on Hyperliquid Ahead of U.S. Stock Market Open

A whale opened a fully margined 3x leveraged long position in 16,082 SPCX (SpaceX) contracts on Hyperliquid about eight hours before the U.S. stock market’s official open on June 15. According to BlockBeats On-chain Detection, Hyperinsight monitoring showed the position had a notional value of about $2.72 million, with an entry price of $167.7 and a liquidation price of $117.6, and it was showing a small unrealized profit at the time of reporting. The wallet address associated with the trade was 0x899c0eef91d624cc4debab1ced1f05d89132d15a. Separately, the report noted that under Nasdaq’s Fast Entry rule introduced this year, SpaceX could be added to the Nasdaq 100 as soon as about 15 trading days after listing if it meets the requirements, with an estimated window around July 6 to July 7.