coin-img-ETHETH+0.44%coin-img-BTCBTC+1.66%coin-img-SOLSOL+1.31%coin-img-USDCUSDC-0.01%coin-img-XRPXRP+0.45%coin-img-SPCXBSPCXB+6.54%coin-img-TRXTRX+0.92%coin-img-HYPEHYPE+3.35%coin-img-ETHETH+0.44%coin-img-BTCBTC+1.66%coin-img-SOLSOL+1.31%coin-img-USDCUSDC-0.01%coin-img-XRPXRP+0.45%coin-img-SPCXBSPCXB+6.54%coin-img-TRXTRX+0.92%coin-img-HYPEHYPE+3.35%coin-img-ETHETH+0.44%coin-img-BTCBTC+1.66%coin-img-SOLSOL+1.31%coin-img-USDCUSDC-0.01%coin-img-XRPXRP+0.45%coin-img-SPCXBSPCXB+6.54%coin-img-TRXTRX+0.92%coin-img-HYPEHYPE+3.35%coin-img-ETHETH+0.44%coin-img-BTCBTC+1.66%coin-img-SOLSOL+1.31%coin-img-USDCUSDC-0.01%coin-img-XRPXRP+0.45%coin-img-SPCXBSPCXB+6.54%coin-img-TRXTRX+0.92%coin-img-HYPEHYPE+3.35%

Whale pulls $10M in SKHX bids, opens $16.98M 20x long in SPCX

AI Market Summary
On-chain/perps monitoring shows a large trader canceled roughly $10M of SKHX bid liquidity and rotated into a $16.98M notional 20x long in SPCX after a rebound, now the largest SPCX position on Hyperliquid. The shift signals concentrated, leveraged risk-taking and can amplify short-term volatility and liquidation sensitivity in SPCX, while SKHX may see reduced near-term buy-side support.
Impact level
● Medium
Affected assets
NCSKSPCX2USD/USDT+6.55%
AI Insight · NCSKSPCX2USD/USDTAI Insight
● Neutral
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ME News said Aug. 4 (UTC+8) that on-chain tracker @ai_9684xtpa observed a large address withdrawing all SKHX limit buy orders between $991.22 and $1,016.60. After SPCX rebounded sharply in the morning session, the same address opened a 147,000-unit 20x long position in SPCX on Hyperliquid. The position was entered at $114.96 and was worth about $16.98 million, making it the largest SPCX position on the platform. (Source: Foresight News)
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