Onchain Lens said a newly created Hyperliquid wallet was liquidated while trading SPCX, a SpaceX-related asset. The address first deposited about 416,700 USDC into Hyperliquid, then opened a long position of 23,200 SPCX valued at roughly $3.28 million. The position was later liquidated, resulting in an estimated loss of about $366,300. The monitoring update did not provide further details beyond the wallet’s creation status, deposit amount, position size, notional value and estimated loss.
According to Onchain Lens, a newly created Hyperliquid wallet was liquidated while trading SPCX, a SpaceX-related asset.
The address deposited about 416,700 USDC into Hyperliquid and then opened a 23,200 SPCX long position valued at roughly $3.28 million. The position was eventually liquidated, with losses estimated at about $366,300.
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