Trader Opens $7.5M Short Positions on SPCX and CBRS with 3x Leverage on May 20

GateNews
SPACEX1.21%
CBRS2.99%
According to HyperInsight, on May 20, a trader opened short positions on Hyperliquid with 3x leverage: 9,220 shares of SpaceX (SPCX) valued at $1.88 million, and 18,130 shares of Cerebras (CBRS) valued at $5.63 million. The combined position size totals approximately $7.5 million, with current unrealized losses exceeding $50,000.
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