The token dropped to $120.66 on July 21 after touching $119.7, leaving a large leveraged long held by address 0x899c with a steep unrealized loss and a liquidation level near $116.6.
SPCX on Hyperliquid fell to $120.66 on July 21, down 47.5% from its $230 peak and below SpaceX’s $135 IPO price after touching a low of $119.7. The decline put pressure on a whale address starting with 0x899c that has held a 3x isolated long of 16,082.2 SPCX since June 15. Hyperinsight said the position was worth about $1.94 million, carried an unrealized loss of about $756,000, and faced liquidation near $116.6. Earlier reporting had described a larger open long entered with $57,000 and valued at about $7.14 million, with an unrealized loss topping $1 million; the newer figures provide a more specific snapshot of the position on July 21.