「Whale Watching」: SK Hynix Whale Realizes Nearly 90% Profit, $9 Million Short Position Closed

BlockBeats News, July 15th, according to Hyperinsight monitoring, during the previous Korean semiconductor "Fateful Week" shorting layout, the whale with address starting with 0x4c7 has closed all short positions of SK Hynix (SKHX) today, with its average entry price being around $1,453.

The closing transaction amount of this short position is approximately $9.0325 million, with a closing average price of around $1,424.47. In this round of closing today, the whale only made a profit of about $230,000, taking into account its partial profit-taking earlier, with a net profit of about $560,000.

At noon on July 14th, when SKHX hit a low of $1,146.40, the unrealized profit of this position once reached about $1.991 million. Subsequently, as Hynix rebounded strongly, the unrealized profit quickly shrunk, and the whale ultimately chose to close the position near the breakeven point.

"Whale Discovery" One main address shorted the Korean semiconductor stocks during the "Fateful Week," with a total short position of $14.8 million in Samsung and Hynix