SK Hynix rebounds in the afternoon, a whale heavily positions $31.22 million SKHX longs
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SK Hynix rebounds in the afternoon, a whale heavily positions $31.22 million SKHX longs
According to Hyperinsight monitoring, around noon today, SKHX rebounded over 11% from the phase low of $879.4. Whales with addresses starting with 0xc8b began chasing the rally in the afternoon, accumulating 31,968.2 SKHX within about half an hour, with a transaction volume of approximately $31.389 million and an average transaction price of $981.9.
Navigating Web3 tides with focused insightsTechFlow News, July 29, according to Hyperinsight monitoring data, this noon, SKHX rebounded more than 11% from the phase low of $879.4. A whale with an address starting with 0xc8b started chasing the rise in the afternoon, and accumulated buying 31,968.2 SKHX within about half an hour, with a transaction volume of about $31.389 million and an average transaction price of $981.9.
As of press time, SKHX is trading at $976.62. The address currently holds long positions with 3x leverage, with an unrealized loss of about $169,000, a return rate of about -1.6%, and a liquidation price of about $553.70. This position has set the record for the largest single holding for this address to date, and raised it to TOP 1 of the SKHX long position ranking.
Since the address first became active on July 24, the trading targets have only involved Micron, SanDisk, and SK Hynix, all in long directions. The position building scale for each of the previous two rounds of Micron long orders was about $28 million to $29.3 million; last night it opened another SanDisk long order of about $14.66 million, and exited at a loss this noon. Each of its trades enters with a position size in the tens of millions of dollars.
