SpaceX is turning into a liquidity black hole for the entire market. After the IPO filing and Binance launching SPCX Pre-IPO perpetuals, speculative capital started rotating out of major altcoins and rushing into the SpaceX narrative. Volume is exploding. Funding rates are heating up rapidly. Leverage is appearing everywhere. This is no longer just another IPO. The market is treating SPCX as: - The Tesla of space - The Nvidia of satellite infrastructure - And a bridge connecting AI, Bitcoin, and Wall Street But the more FOMO enters the system… The more dangerous liquidation risk becomes. SPCX could become the biggest trade of the year. Or the place where billions get wiped out within hours of volatility. #SpaceXHolds18KBTC $BTC $ETH $SPACE