Odaily Planet Daily reports: Today, two whales on Hyperliquid initiated long positions from a neutral SKHX stance, collectively buying approximately $17.808 million worth of SKHX. The total current value of their long positions is about $17.976 million, with a combined unrealized profit of approximately $168,000. One whale continuously purchased 9,989.896 SKHX tokens between 12:09 and 13:07, completing a position worth roughly $13.096 million over 58 minutes, with an average entry price of approximately $1,310.92. The other whale bought 3,644.952 SKHX tokens between 09:40 and 09:44, for a total of about $4.712 million, at an average entry price of approximately $1,292.70.
Two whales add $17.8M to SKHX long positions on Hyperliquid, locking in $168K profit
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Summary
Two whales on Hyperliquid shifted from net short to long-term positions in SKHX, adding $17.8 million to their long positions. Their total long position now stands at $17.98 million, with a floating profit of $168,000. One whale purchased 9,989.896 SKHX between 12:09 and 13:07, spending $13.096 million at an average price of $1,310.92. Another added 3,644.952 SKHX between 09:40 and 09:44, spending $4.712 million at an average price of $1,292.70. This move reflects a profit-taking strategy as prices trend upward.
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