A significant whale has initiated a new leveraged long position involving 70,000 SPCX tokens, valued at approximately $11 million. This move was detected by Onchain Lens monitoring during a period of SPCX price decline. The position is leveraged at 20x, with a liquidation price set at $134.42, indicating a high-risk strategy amid market volatility.
Whale Opens $11 Million Leveraged Long Position in SPCX
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.
