ME News report, July 22 (UTC+8): According to Hyperinsight monitoring, as of press time, five of the seven SKHX long positions tracked yesterday have reduced their original long positions to zero, involving 5,101.544 SKHX tokens, accounting for 50.2% of the total new large long positions opened yesterday. Including an additional 50.66 SKHX added by two large holders before exiting, these five addresses collectively sold 5,152.204 SKHX tokens, approximately $6.662 million, at an average execution price of around $1,293, realizing a combined profit of $401,500. The closing positions occurred between 17:00 yesterday and 08:00 today, with individual average exit prices ranging from $1,257.50 to $1,342.15, yielding individual profits between $55,600 and $130,900; the two who exited this morning both averaged above $1,330. After liquidating their positions, one address immediately opened a short position of 999 SKHX at an average entry price of $1,349.27, with the current position valued at approximately $1.3216 million and an unrealized profit of about $26,300. Another address is waiting for a pullback and has placed four limit buy orders between $1,236 and $1,301, totaling approximately $891,900. The remaining two have fully exited. The two remaining large holders have executed no trades since yesterday’s update and still hold a combined 5,058.7 SKHX long positions, valued at approximately $6.6957 million, with a weighted average entry price of about $1,232.90 and an unrealized profit of approximately $458,700; their latest liquidation price is $973.87. As SKHX continued to rise overnight, the unrealized profits of these two untrading whales have now surpassed the total realized profits of the five profit-taking addresses. On the market side, SKHX is currently trading at approximately $1,322.90, up 4.6% from yesterday’s report price of $1,264.70 and up about 6.6% over the past 24 hours; SKHY is trading at $170.04, with 10 tokens equaling $1,700.40—its premium over SKHX has widened again from yesterday’s 25.3% to approximately 28.5%. (Source: ODAILY)
Two SKHX whales hold a $6.69M long position as five traders realize $401.5K in profits.
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Summary
Two SKHX whales hold a $6.69M long position as five traders realize $401.5K in profits. As of July 22 (UTC+8), five of seven tracked long positions were closed, totaling 5,101.544 SKHX, or 50.2% of large longs. These traders sold 5,152.204 SKHX at an average price of $1,293, generating $6.66M in sales. Two whales remain with 5,058.7 SKHX, valued at $6.69M, and a floating profit of $458.7K. SKHX is trading at $1,322.9, up 4.6% on the day. Whale activity continues to reflect a long-term crypto strategy.
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