BlockBeats News, August 4th, according to TradingBeats monitoring, Hyperliquid's top single address in five popular targets, SKHX, MU, SNDK, SPCX, and CXMT, has placed a total of 6 large orders with a total nominal amount of approximately $304.42 million. The only new position order is a low position buy order for SNDK. The specific layout is as follows:
SNDK: Currently trading at $1292, up 3.4% in 24 hours, will release fourth-quarter and full-year results on August 5th
SNDK is currently trading at $1292, up 3.4% in 24 hours, with a trading volume of approximately $486 million and an open interest value of about $117 million; the current hourly funding rate is approximately -0.0013%, with shorts paying funding to longs.
TOP 1 order address is 0x0ad9: currently holding 3890.8 SNDK long positions, with a position value of about $5.028 million, an average entry price of $1287, and an unrealized profit of about $20,000.
This address placed a $2.5 million additional buy order at $1187 and a $5.435 million "reduce-only" sell order at $1397, which are 8.1% below the current price and 8.1% above, respectively. It is engaging in a two-way range trade around the current price before the financial report.
SPCX: Currently trading at $115.98, up 6.5% in 24 hours, recent events include the first post-listing financial report and unlocking
TOP 1 order address 0x0871: 50,000 SPCX positions were opened at 20x leverage long, with a position value of about $5.797 million, an average entry price of $126.36, an unrealized loss of about $521,000, and a liquidation price of about $73.5.
This address placed a $7.65 million "reduce-only" sell order at $153 to cover the entire position. This price is 31.9% higher than the current price, 21.1% higher than the cost, and higher than the $135 IPO price. It is still betting on a stronger rebound after the financial report or unlocking negative news.
SKHX: Currently trading at $1072, down 3.6% in 24 hours
TOP 1 Order Placement Address 0x364a: Holds a 2x leveraged long position of 5488.2 SKHX, with a position value of approximately $5.888 million, entry price of $1288.6, and unrealized loss of about $1.184 million.
This address has placed a "reduce-only" sell order at $1305, planning to close the entire position at once, with a order amount of around $7.162 million. The price is 21.7% higher than the current price, but only 1.3% higher than the entry price, planning to exit once SKHX rebounds above the breakeven point.
MU: Currently trading at $830.5, down 1.3% in the last 24 hours
TOP 1 Order Placement Address, also 0x0ad9: Holds a 2x leveraged long position of 11,100 MU, with a position value of approximately $9.186 million, entry price of $856.4, and unrealized loss of about $0.284 million.
This address has placed a $860 sell order at $4.5 million, planning to sell 5232.6 units, reducing about 47.3% of the position. The order price is only 0.4% higher than the entry price, indicating that this address is not waiting for MU to return to a high point, but is prepared to reduce the position near the breakeven point.
CXMT: Currently trading at $7.984, up 2.0% in the last 24 hours
TOP 1 Order Placement Address 0x934d: Holds a 4x isolated leverage long position of 255,600 CXMT, with a position value of approximately $2.043 million, entry price of $6.30, unrealized gain of about $0.433 million, and liquidation price of around $4.30.
This address has placed a $12.5 sell order at $3.195 million, aiming to "reduce-only" and close the entire position. The price is 56.6% higher than the current price and 98.5% higher than the entry cost, planning to take profit and double the investment.
