SKHX Whale Sells $4.18M in Two Rounds, Plans Additional $8.1M Sell-Off

HuoXing Finance reports that, on September 9, according to TradingBeats monitoring, the persistent 0x519c Hynix long position added nearly $10 million in SKHX exposure yesterday afternoon and has since reduced its position in two rounds, selling a total of 3,011.55 units for approximately $4.178 million, realizing a trading profit of about $150,000. Currently, this address still holds 81 standard limit sell orders between $1,401.40 and $1,420, planning to continue selling for a total value of approximately $8.106 million. As of press time, SKHX is trading at around $1,386.40. The address still holds 8,816.2 SKHX long positions, valued at approximately $12.223 million, with an unrealized profit of about $430,000. The sell order prices are approximately 1.1% to 2.4% above the current market price. If all orders are filled, this address will further reduce its current position by roughly 65.2%, equivalent to about 26% of yesterday’s peak holding. At the same time, this address also holds on Trade.xyz approximately $12.44 million in SPCX longs, $2.94 million in Micron Technology (MU), $2.59 million in SanDisk (SNDK), and $110,000 in DRAM index longs. Including SKHX, its total long positions on the platform amount to approximately $30.3 million, with combined long positions in Hynix, Micron, and SanDisk totaling about $17.75 million. Previously reported: “Whale Tracker” noted that two SKHX longs who entered yesterday have begun to realize profits, collectively earning $1.2 million.