「Whale Watching」: Micron Rebounds in Afternoon, Whale Holds $31.22 Million Long Position in SKHX

BlockBeats News, July 29th, according to Hyperinsight Monitoring, at noon today, SKHX rebounded more than 11% from the $879.4 low. A whale with an address starting with 0xc8b began to chase the price in the afternoon and accumulated 31,968.2 SKHX in about half an hour, with a transaction volume of approximately $31.389 million, at an average price of $981.9.

At the time of writing, SKHX is priced at $976.62. The address currently holds a long position with 3x leverage, with a floating loss of approximately $169,000, a ROI of about -1.6%, and a liquidation price of around $553.70. This position has set the record for the largest single holding by this address to date, propelling it to the TOP 1 of SKHX long positions.

Since the first activity on July 24th, this address has only traded in Micron, SanDisk, and Hynix, all on the long side. The position size for the previous two rounds of Micron long positions was approximately $28 to $29.3 million each; last night, it opened another $14.66 million long position in SanDisk and exited with a loss at noon today. Each of its trades entered with a position size in the tens of millions of dollars.

Previous coverage: "Whale Tracking" Micron's Win Rate 100%, Whale Adds Heavy Position Exceeding $25 Million