“Whale Tracking”: SK hynix’s whale unwound nearly 90% of unrealized profit, closing a $9 million short position and exiting the trade

Mars Finance news. On July 15, according to monitoring by Hyperinsight, the 0x4c7-leading whale that had laid out short positions during Korea’s stock semiconductor “Fate Week” has today fully closed all of its short positions in SK Hynix (SKHX). Its average opening price was about $1,453. The trade value for this short-position closeout was approximately $9.0325 million, with an average closing price of about $1,424.47. During today’s round of liquidation, the whale recorded only about $230,000 in profit; after calculating that it had taken profit on only a small portion earlier, its net profit was about $560,000. On July 14, at midday, when SKHX fell to a low of $1,146.40, the position’s unrealized profit had once reached about $1.991 million. After that, Hynix rebounded strongly, and the unrealized profit quickly dwindled. Ultimately, the whale chose to close and exit near the break-even line.

“Whale discovered” One major address shorted Korea’s stock semiconductor “Fate Week,” with Samsung and Hynix having short positions totaling $14.8 million