CoinWorld News, overnight and this morning, the AI and semiconductor sectors saw a sharp pullback. SKHX (SK Hynix) on the Hyperliquid platform briefly fell below $1,500. The largest SKHX long position holder (0x9dc) closed all long positions on MU and SKHX during this broad market decline, including a single realized loss of $4.42 million on SKHX, making this address the one with the largest 24-hour drawdown in U.S. stock trading on Hyperliquid. This address had chased SK Hynix longs at a high price a week ago, with an average entry price of $1,803 and a position size of $35.16 million. After closing positions and exiting today, the address's $17.8 million in funds have fully shifted to a short defense stance, with no further opening or closing actions seen yet. Its cumulative losses over the past 7 days have reached $6 million, but it remains a major holder in the semiconductor sector.