Two whale addresses accumulate $17.8M in SKHX on Hyperliquid

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On-chain trading signals show two whale addresses on Hyperliquid accumulating $17.8 million in SKHX on September 7. The 0xc8b5 address built a $13.1 million position in 58 minutes, while 0x519c added $4.7 million in 4 minutes. Both are now holding $17.98 million, with $168,000 in unrealized gains. Value investing in crypto is gaining traction as large players continue to build long-term positions.

HuoXing Finance reports that on September 7, according to TradingBeats monitoring, two whales on Hyperliquid both initiated long positions in SKHX from a short-neutral stance today, collectively buying approximately $17.808 million worth of SKHX. The current total value of their two long positions is about $17.976 million, with a combined unrealized profit of approximately $168,000. The address starting with 0xc8b5 continuously purchased 9,989.896 SKHX tokens between 12:09 and 13:07, completing a position buildup of roughly $13.096 million within 58 minutes, at an average execution price of approximately $1,310.92. The other address starting with 0x519c bought 3,644.952 SKHX tokens in just four minutes, from 09:40 to 09:44, for a total transaction value of about $4.712 million, at an average entry price of approximately $1,292.70. Previous activity for these addresses: “Whale Tracker”: A smart money address yesterday chased the rally in SKHX, realizing $2.5 million in profits, and has since placed a take-profit order for $47.59 million. “Whale Tracker”: Fully captured approximately 10% of the primary uptrend in SPCX; last night’s TWAP buyer achieved a profit exceeding 161% as expected.

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