SKHX's largest sell order was absorbed by a long position holder, as a whale is currently holding a losing position and waiting for a rebound to exit.

BlockBeats News, August 17th, according to TradingBeats monitoring, a whale starting with 0x364a is currently longing 6440.6 SKHX with 2x leverage, with a position value of approximately $7.625 million, and an average entry price of $1253.3. SKHX is currently trading at $1183.8, causing the whale to be unrealized loss of about $447,000, with a return rate of approximately -11.1%.

This whale has already placed two "reduce-only" sell orders for its entire position, with a combined nominal amount of approximately $8.279 million based on the order prices:

Selling 4767.8 units at $1254, amounting to approximately $5.979 million, covering 74.0% of the position. This price is only 0.06% higher than its average entry price, 5.9% higher than the current price, essentially a breakeven reduction; and selling 1672.7 units at $1375, amounting to approximately $2.3 million, covering the remaining 26.0% of the position, 16.2% higher than the current price.

The above orders were created collectively on the evening of August 13th. If fully executed, the whale will close its long position in SKHX.