SpaceX's revenue exceeded expectations, and only one of the Hyperliquid SPCX multi headed whales tracked yesterday is still on the field. SpaceX's Q2 revenue was $7.81 billion, a year-on-year increase of 92%, exceeding market expectations of approximately $6.9 billion; The net loss narrowed to 541 million US dollars. But the stock price still fell more than 8% after the market closed, indicating that the market is not denying growth, but rather re pricing the capital consumption behind growth. The smart money on Hyperliquid responds directly: one ⃣ 0xb37f... 66ca bought a total of 229602 SPCX before the financial report, with a comprehensive cost of $117.87, of which the price surged to $120~$125 and then caught up with 82091 SPCX. After the financial report was released, this address liquidated all positions at $114.79 and confirmed a loss of $708000. The most aggressive financial report position yesterday has already been withdrawn. two ⃣ 0x3527... 1e16 is one step earlier. The smart money did not wait for the financial report to be released, but closed all the remaining 105004 SPCX positions before 21:37 last night. The entire transaction has recorded a loss of $1.0965 million. Two 20x long positions, one leaving early and the other with a stop loss after the financial report, clearly trading in the event window. When the price fails to meet expectations, the risk exposure immediately returns to zero. three ⃣ Currently, among the three long positions with original holdings exceeding 10 million US dollars, only 0x362a... 1d9f are still holding positions. In addition, 0x362a has become the largest SPCX multi head on Hyperliquid. The address first reduced its holdings by a total of 30000 SPCX around $125.56 and $114.92, resulting in a confirmed loss of $283800; Subsequently, a warehouse of 17100 SPCX was added near $114.36. I currently hold 83000 SPCX, valued at $9.65 million, with a cost of $126.54 and a floating loss of $849500. The smart money is not simply about holding on: first reduce exposure, and then replenish some positions at a low level after the financial report. But the current position is still reduced by 12900 SPCX compared to yesterday, indicating that the direction has not changed and the risk budget has decreased. At the same time, the SPCX position leader has been replaced by a short position: 0x9e8b... afc4 currently holds 89300 SPCX short positions worth $10.39 million, with a cost of $152.29 and a floating profit of $3.21 million; Recently, it has added a short position of 21352 SPCX in the range of $115 to $124, with an average new short position price of $119.38. Most of the positions at this address are high-level existing positions, rather than new short positions that were only caught up after the financial report; But what can be confirmed is that the newly added long positions before the financial report have withdrawn, and the remaining long positions have also reduced their exposure, while the short positions have retained their positions and increased their holdings during the rebound. Next, let's take a look at the range of $114 to $119: this is both the latest long stop loss zone and the recent short position increase zone. Smart Money Direct: -SPCX bulls: https://www. ((aicoin.com))/zh-Hans/hyper-detail/0x362ad6209a5e904a5569f69884375809c5781d9f -SPCX bears: https://www. ((aicoin.com))/zh-Hans/hyper-detail/0x9e8b1e51c642f4c8b87c6ba11c53d516a218afc4 SpaceX SPCX