SKHX Drops 10.6% to $1,061.5; Whale Long Positions Down $7.52M in 24 Hours

According to TradingBeats, SK Hynix token (SKHX) fell 10.6% to $1,061.5 on August 6, with 24-hour trading volume reaching $639 million. The bullish-to-bearish position ratio among all traders rose to 3.00:1 from 2.44:1 during the decline.

Whale accounts with million-dollar positions showed net long liquidation of approximately $7.52 million over the past 24 hours, while new short positions increased by $3.45 million. Five major whale addresses that opened or added positions in the last four hours accumulated approximately $9.08 million in notional value at an average entry price of $1,081.3, currently showing unrealized losses of about $176,000.