Whale Loses $1.2M on SK Hynix Long After Building $8.6M Position at Peak

SKHY-9.10%
According to Hyperinsight, a whale (0x8af...) accumulated long positions in SK Hynix (SKHX) on July 15 afternoon near $1,440, with a total of 8.616 million dollars at an average entry price of $1,439.91. The token subsequently plummeted, falling to around $1,237 as of July 16, representing a 14% decline from the whale's cost basis. The position currently shows an unrealized loss of approximately $1.199 million, with a return rate of approximately -13.9%.
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