BlockBeats News, August 4th, according to TradingBeats (formerly Hyperinsight) monitoring, this morning's disclosure of 7 SPCX million-dollar-level long positions did not reduce their positions. They still collectively hold approximately 238,800 long positions, and the position value has risen to $27.7 million as the price has increased.
Among them, the TOP 1 long position address 0xb37 continues to hold 147,500 SPCX, with a position value of approximately $17.11 million. The average entry price is $114.96, with an unrealized profit of about $150,000, and a liquidation price of $105.45. The address has neither moved positions nor added margin, maintaining a valid judgment after taking over the liquidation line at $105.
SPCX is currently trading at $116, up about 1.2% from this morning's $114.68, reaching a high of $117.47. The price continues to recover, with all 7 lurking long positions holding firm, and the morning market is still following the bullish trading view of "partially digesting the bearish expectations."
In the afternoon, there was some change in fund direction.
Along with increased leverage, the total value of million-dollar-level long positions has increased from $441.15 million to $826.33 million, while short positions have increased from $470.98 million to $842.57 million, with a total increase of approximately $756.77 million in half a day. Long positions increased by about $385.18 million, and short positions increased by about $371.59 million, with the increment almost evenly split between the two sides.
The total open interest across the market has increased by about 6.5% during the same period, reaching a value of about $229 million, indicating that new leveraged funds are still entering the market. However, in the past hour, 6 long positions have exited, while 34 short positions have been added. After today's rebound and nearing the earnings report, marginal funds have tended to short or establish downside protection.
