A smart money position gradually took profit on its SK Hynix long, and then reversed by placing an $8.66 million short order.

Golden Finance reports that, according to on-chain analyst Ai Yi, smart money address yixie10 is gradually taking profits on its SK Hynix (SKHX) long positions. It has placed a TWAP take-profit order for 10,518.6 SKHX at an average price of $1,496.5 (about $15.74 million), which is currently being filled, and is expected to yield more than $320k in profit.
In addition, this smart money address plans to flip and open a $8.66 million short position when SKHX breaks above $1,598.8.
SKHY4.33%
SKHYNIXG-2.04%
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