{"id":99502,"date":"2026-06-08T16:03:10","date_gmt":"2026-06-08T16:03:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=99502"},"modified":"2026-06-08T16:03:10","modified_gmt":"2026-06-08T16:03:10","slug":"spacex-feels-expensive-at-1-8-trillion-85-of-hyperliquid-traders-are-still-long","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=99502","title":{"rendered":"SpaceX Feels Expensive At $1.8 Trillion? 85% Of Hyperliquid Traders Are Still Long"},"content":{"rendered":"<div>\n<p>SpaceX will launch at a $1.8 trillion valuation on Nasdaq on Thursday, yet traders on <strong>Hyperliquid <\/strong>are pricing the company as high as $2.15 trillion in pre-IPO perpetual contracts.<\/p>\n<h3 class=\"wp-block-heading\">85% Of Hyperliquid Traders Are Long But 78% Are Currently Losing<\/h3>\n<p>Of the 4,528 traders holding open positions on Hyperliquid\u2019s SpaceX <a href=\"https:\/\/x.com\/mlmabc\/status\/2063927832489734335\">contract<\/a>, 3,865 are long and 663 are short, an 85 to 15 ratio.\u00a0<\/p>\n<p>Despite that bullish lean, 78% of all position holders are currently underwater, with only 1,001 of 4,528 traders in profit. More than $450 million in notional volume has traded across 917,000 trades in just three weeks.<\/p>\n<p>The biggest short positions belong to institutional names. Cumberland sits second with a $3.1 million short, with three other large shorts ranging from $2.5 million to $4.5 million.\u00a0<\/p>\n<p>Pre-IPO perpetual volume on Hyperliquid, as measured by <strong>Hyperliquid Strategies Inc<\/strong> <a class=\"ticker-link\" data-ticker=\"PURR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/PURR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/PURR\">PURR<\/a>), &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53056868\/spacex-feels-expensive-at-1-8-trillion-85-of-hyperliquid-traders-are-still-long?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"SpaceX\" feels expensive at trillion of hyperliquid traders are still long>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX will launch at a $1.8 trillion valuation on Nasdaq on Thursday, yet traders on Hyperliquid are pricing the company as high as $2.15 trillion in pre-IPO perpetual contracts. 85% Of Hyperliquid Traders Are Long But 78% Are Currently Losing Of the 4,528 traders holding open positions on Hyperliquid\u2019s SpaceX contract, 3,865 are long and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-99502","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99502"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99502\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}