Smart Money Address Builds $2.06M Long Position in SK Hynix, Hits 115% Profit This Morning

HYPE6.48%

According to BlockBeats, a smart money address (0x9a5) accumulated a $2.06 million long position in SK Hynix (SKHX) on Hyperliquid this morning with a 10x leverage, deploying approximately $184,000 in capital at an average entry price of around $1,413.

As market sentiment recovered, SKHX rallied to $1,580, up about 17% from its low of $1,350 reached earlier today. The address currently holds an unrealized profit of 115%, equivalent to approximately $216,000.

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