Dormant Whale Ambushes Samsung and SK Hynix Earnings Reports Twice, Over 2 Million Orders Come Up Empty
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Dormant Whale Ambushes Samsung and SK Hynix Earnings Reports Twice, Over 2 Million Orders Come Up Empty
According to Hyperinsight monitoring, the address starting with 0x55b was largely inactive after June 26, only re-emerging with significant transactions on the eve of the earnings reports of the two major South Korean storage manufacturers. On July 29, the address began buying SKHX before the SK Hynix earnings call and continued to add to its position until after the earnings release, cumulatively increasing holdings by approximately $832,000; on the same day, it also purchased approximately $509,000 worth of SMSN before Samsung's official earnings announcement. The two positions totaled approximately $1.341 million in added capital, both clearly positioned in advance around the earnings window. However, although both earnings reports were released and related stock prices rebounded somewhat, these long positions still did not generate actual profits. As of publication, the address holds approximately $1.247 million in Samsung Electronics long positions, with unrealized gains of about $60,300; it simultaneously holds approximately $970,000 in SK Hynix long positions, with unrealized losses of about $64,600. The two positions total approximately $2.217 million, with a net unrealized loss of about $4,300. The earnings gains from the Samsung position have largely been offset by the Hynix losses. As the intraday rebound fell back, the address turned from brief profit back to loss; currently, neither of the two positions has visible take-profit or stop-loss orders.
Navigating Web3 tides with focused insightsTechFlow news, July 30, according to Hyperinsight monitoring, the address starting with 0x55b was largely inactive after June 26, until just before the earnings reports of South Korea's two major storage manufacturers, when it made large moves again.
On July 29, the address began buying SKHX before SK Hynix's earnings call, and continued to add positions until after the earnings report was released, accumulating an increase of approximately $832,000; on the same day, it also bought approximately $509,000 worth of SMSN before Samsung's official earnings report was announced. The two transactions totaled approximately $1.341 million in added positions, both clearly positioned in advance around the earnings window.
However, although the two earnings reports were released and relevant stock prices rebounded somewhat, this long position has still not brought actual profits.
As of press time, the address holds approximately $1.247 million in Samsung Electronics long positions, with an unrealized profit of approximately $60,300; at the same time, it holds approximately $970,000 in SK Hynix long positions, with an unrealized loss of approximately $64,600. The two positions total approximately $2.217 million, with a net unrealized loss of approximately $4,300.
The earnings profit from the Samsung position has basically been offset by the Hynix loss. As the intraday rebound fell back, the address has also turned from a brief profit back to a loss; currently, there are no visible take-profit or stop-loss orders for either position.
