ME News message, July 27 (UTC+8). After Hyperliquid Shanghai Lyceus (SKHX) opened at 8:00 Beijing time, it quickly dropped, reaching a high of $1,250.6 and then falling to a low of $1,171.8, for a total decline of 6.30% in the range; it was temporarily trading at $1,181.9. According to Hyperinsight monitoring, the short whale starting with 0xebe currently holds 33.7k SKHX short contracts with 10x leverage, with a position value of about $39.90 million. The average entry price is $1,317.1, with unrealized profit of about $4.5638 million, representing a return of 102.65%. Its liquidation price is $1,938.6. Besides the current unrealized profit, the whale has previously realized about $2.9972 million in profit by closing positions in batches. Meanwhile, during the period of holding, it has accumulated about $1.2672 million in funding fees; the funding fee income already equals 28.5% of the theoretical principal of the current remaining position. According to Hyperliquid data, SKHX’s current hourly funding fee rate is about 0.0215%. If the funding rate and position size remain unchanged, the whale could still earn about $8,550 per hour in funding fees. Combining the current unrealized profit, historical realized profits, and funding fee earnings, this round of SKHX short positions has achieved cumulative gross gains of about $8.8282 million. With 10x leverage, the whale’s current position corresponds to a theoretical margin of about $4.4458 million. Of this, the combined total of current unrealized profit and funding fee income is about $5.8310 million, already reaching 1.31 times the initial margin; if including previously realized profits, the cumulative gross gains are about 1.99 times the theoretical entry principal. The whale’s initial capital investment was far below the current position scale. On the evening of June 24, it first opened an SKHX short position: on that day it opened a total of 131.243 contracts, with a transaction amount of about $225.5k; using 10x leverage, it established a base position with only about $22.5k in margin. Subsequently, the address continued rolling into larger positions, and during the period from 8:00 to 9:24 today, it added 620.5 short contracts at an average price of $1,207.7, with a transaction amount of about $749.5k. (Source: BlockBeats)

HYPE-2.86%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
Comment
Repost
Share

Comment

Add a comment

No comments

Trending Topics
View More
#
DirectIPOSeason2JerseyMikes
2.06M Popularity
#
CXMTDebutsWith90.1BTradingVolume
48.19K Popularity
#
ETHBackAbove1900
131.4M Popularity
#
SummerCreationCamp
814.21K Popularity
#
CLARITYActEntersFinalCriticalStage
288.23K Popularity

Pinned

Sitemap

Hynix shares fall; the short “big whale” has a profit of $8.83 million, with returns nearly 2x the original principal.

Trending Topics

DirectIPOSeason2JerseyMikes

CXMTDebutsWith90.1BTradingVolume

ETHBackAbove1900

SummerCreationCamp

CLARITYActEntersFinalCriticalStage

Pinned