🚀 SKHX SURGES 23.4%: WHALE LOSES $5.54M IN SHORT LIQUIDATION
ACTION: OBSERVE (High volatility — watch for continuation or reversal)
SKHX surged 23.4% on July 31 (UTC+8), triggering the largest single liquidation on the network. A whale with wallet 0x890 lost **$5.547 million** after 4,892.6 SKHX short positions were liquidated between $1,126 and $1,140 .
The Twist: Just 17 seconds after liquidation, the same whale reopened a short position at $1,147.8. Currently holds 770 SKHX shorts (10x leverage, $887,000 value) with liquidation price at $1,249.99 .
Trading Setup – SKHX:
Kigezo Thamani
ACTION OBSERVE / WAIT
ENTRY Watch for break above $1,250 (whale liquidation level) or rejection
TP1 +15-20% on breakout OR -10-15% on breakdown
TP2 +30-40% on breakout OR -20-25% on breakdown
SL -10% from entry (if long) OR +10% (if short)
LEVERAGE 1-2x max
⚠️ MAELEZO: SKHX trading at $1,152.5, 24h volume $1.558B, OI $451M. Whale remains short. 23.4% move happened in one day. Manage position size carefully.
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$SKHX
