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Tech stocks continue to slide, forcing multiple investors to retreat; 3 whale traders cut their losses on a total of $7.26 million worth of long positions

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ME News update, July 24 (UTC+8): According to Hyperinsight monitoring, as of the time of publication, SK Hynix, Google, and the Nasdaq 100 are down by about 5.8%, 4.2%, and 1.9%, respectively. Within the afternoon hour, three giant whales sold existing long positions, with a total trading value of about $7.2637 million, recording realized losses of about $79.8k: the 0x960–starting address fully closed 167.0 Nasdaq 100 long contracts, trading value about $79.8k, loss about $46k; the 0x943–starting address fully closed 1,248.3 SKHX long contracts, trading value about $4.73M, loss about $18k, then flipped to short $225.7k SKHX; the 0x61c–starting address fully closed 3,262.0 GOOGL long contracts, trading value about $46k, loss about $14k. Of these, only one GOOGL trade can be confirmed as triggered by a $317 stop-loss order; the rest were discretionary loss-closing positions. (Source: BlockBeats)
SKHY-6.12%
SKHYNIX-7.22%
GOOGLX-2.23%
NAS100-1.40%
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