A significant investor has placed a $2.72 million long position on SPCX, anticipating a price increase as the stock approaches potential inclusion in the Nasdaq-100. The whale executed the trade on Hyperliquid, acquiring 16,082 SPCX contracts with 3x leverage at an entry price of $167.70. The position's liquidation price is set at $117.60, and it currently shows a minor unrealized profit.
This move comes as SpaceX is expected to be added to the Nasdaq-100 Index under the new "Fast Entry" rule, which allows for inclusion approximately 15 trading days post-IPO, potentially around July 6–7, pending eligibility criteria.
Whale Bets $2.72 Million on SPCX Ahead of Potential Nasdaq-100 Inclusion
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