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SpaceX-Linked SPCX Perpetual Rises 7.23% After Earnings Call

SpaceX-Linked SPCX Perpetual Rises 7.23% After Earnings Call

Photo: TokenPost

A SpaceX-linked perpetual futures contract on Hyperliquid rose 7.23% after the company’s earnings call, adding about $1.09 million to the paper gain on the largest tracked long position. The SPCX contract traded at $161.72 in an Oct. 21 reading, up from about $150.81 when the call began Oct. 20 at 4:30 p.m. ET (20:30 UTC). Its 24-hour trading volume was about $277 million, while the notional value of outstanding contracts stood near $151 million. One on-chain address held about 100,100 long contracts worth approximately $16.19 million at the quoted price.

Source: TokenPost

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