Whale Pulls Multi-Million SKHX Buy Order, Opens $17M 20x Leveraged Long in SPCX

AI Market Summary
On-chain monitoring shows a whale canceled a multimillion-dollar SKHX limit buy and rotated into a 20x leveraged long in SPCX after a sharp rebound. The new 147,000-SPCX position (~$16.98M notional) is reportedly the largest on Hyperliquid, concentrating risk and potentially amplifying short-term volatility and liquidation sensitivity in SPCX-linked flows.
Impact level
● Medium
Affected assets
NCSKSPCX2USD/USDT+10.45%
AI Insight · NCSKSPCX2USD/USDTAI Insight
● Neutral
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Ai Yi monitoring shows that address 0xb37…a66ca has withdrawn a previously placed SKHX limit buy order set between $991.22 and $1,016.60. After SPCX staged a sharp rebound this morning, the same address opened a 20x leveraged long of 147,000 SPCX on Hyperliquid, with an estimated notional value of about $16.98 million. The position was entered at $114.96 and is currently the largest SPCX position on the platform.