KOSPI Semiconductor Plunge Triggers 5 SKHX Massive Liquidations, Whale's Long Position Liquidated for Approximately $2 Million

BlockBeats News, July 7th, according to Hyperinsight monitoring, during today's South Korean semiconductor market plunge, a long position concentration on SK Hynix (SKHX) on Hyperliquid faced liquidation, with the 0x4b2 starting address becoming one of the key liquidation targets in this round.

The whale had previously opened long positions on SKHX around $1620 on the evening of July 5th, with a total of 2000 contracts, amounting to approximately $3.24 million.

From 9:00 to 13:00 today, it experienced five forced liquidations of SKHX long positions, with partial liquidations ranging from $1454.1 to $1382.7, totaling 1344.64 contracts. The nominal amount involved was approximately $1.916 million, resulting in a loss of $271,000.

As of the time of writing, the address has re-entered the market, holding 1152.758 SKHX long contracts, with a nominal value of around $1.656 million and a next liquidation price of $1388.56.

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