A cryptocurrency whale has opened a leveraged long position on SPCX, acquiring 54,986 tokens valued at $9.09 million with 5x leverage, according to Onchain Lens. Simultaneously, the whale holds a short position on 320.74 Bitcoin, valued at $20.4 million with 25x leverage. The combined positions have resulted in a floating profit exceeding $1.18 million.
Whale Leverages SPCX Long and Bitcoin Short for $1.18M Profit
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.