Longs take profits and exit; fees turn negative. Whether this round of SpaceX rebound to a peak remains to be verified.
2026-08-10 18:17:33
According to CoinMeta, long positions are taking profits and leaving the market, with funding rates turning negative. Has this round of SpaceX reached its peak? After the lifting of restrictions on SpaceX, SPCX rebounded by over 30% from its low point, but there are now divergences among high-level funds: the largest short position increased its holdings by $13.7 million against the trend, while profit-taking long positions chose to exit, causing funding rates to also turn negative.
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Source:Internet
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