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"Whale Discovery" SK Hynix's largest bull spent $2.7 million to open a position, with floating losses of $370k already.
BlockBeats news, July 6, according to Hyperinsight monitoring, the address starting with 0x0ad opened a long position on SKHX (SK Hynix) during the weekend US stock market closure, going long on 5,095 units of SKHX with approximately $2.72 million in margin and 3x leverage. As of press time, the address's position is worth approximately $7.8 million; against the overall decline in today's Korean stock market, this whale is currently facing an unrealized loss of approximately $370k (-13%), and has become the largest long holder of SKHX on Hyperliquid.
In addition, the same whale simultaneously opened a long position on MU, going long on 5,095 units of MU with approximately $2.12 million in margin and 4x leverage. As of press time, the position is worth approximately $8.27 million, currently showing an unrealized loss of approximately $297k (-11%).