SK hynix sees a sharp surge and then a sharp drop, trapping 3 newly entered whale investors; the most recent (one) momentum chaser is only $60 away from liquidation

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Deep Tide TechFlow news: On July 20, according to Hyperinsight monitoring, on Hyperliquid, SK Hailisi (SKHX) surged sharply and then swung wildly right after opening this morning. It opened at $1,168.1 in the morning, with a peak of $1,270.1 within half an hour, up about 8.7%. It then quickly dropped back; at 9:55 a.m., the low touched $1,185.3, about 6.7% lower than the high point.

During this round of volatility, three whales successively opened long positions in SKHX, holding a total of 11,620.674 shares, with a position value of approximately $14.04M. Based on SK Hailisi’s latest quote of $1,198, the three long positions are currently all underwater:

Whale starting with 0xf4b: newly opened a long position, 10x full-position holdings worth about $2.72M, average entry price of $1,210.659, unrealized loss of about $9k, liquidation price of $1,130.40;

Whale starting with 0x564: newly opened a long position, 10x holdings of about $9k, average entry price of $1,238.912, unrealized loss of about $125k, liquidation price of $851.59;

Whale starting with 0x2ab: closed the short and switched to going long, while continuously adding to the position, 10x holdings of about $4.92M, average entry price of $1,212.854, unrealized loss of about $25k, liquidation price of $650.33.

Among them, the whale starting with 0xf4b is closest to liquidation. When SKHX fell to $1,185.3 during trading, the two were at one point only about $54.9 apart; as the price rebounded to $1,298, the current gap has widened to about $68.

SKHY0.43%
SKHYNIX3.07%
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