Data: SPCX surged to $214 in night trading, with Hyperliquid's largest short position address experiencing an unrealized loss of $4.46 million

According to on-chain analyst Yu Jin (@EmberCN), as SPCX surged to $214 in night trading, the total market capitalization reached $2.8 trillion, and the largest SPCX short address on Hyperliquid has now seen its unrealized loss expand to $4.46 million.

This address previously shorted 111,000 shares of SPCX at $173 (approximately $23.75 million), and the current liquidation price is $249.