After SKHX rebounded, smart money abandoned waiting for a pullback and chased up, buying back $43 million.

BlockBeats News, August 25th. SKHX rebounded at noon today with a two-hour increase of about 4.6%. Earlier, the "Smart Money" 0xc8b was still empty in the morning and had previously placed 100 buy orders in the range of $1030 to $1060, planning to invest about $20.9 million and wait for the next pullback.

However, after SKHX started to rebound, the whale withdrew the low orders mentioned above, and directly bought 35,600 SKHX after 11 o'clock, with a transaction amount of about $41.646 million, and an average transaction price of about $1168.2.

As of the time of publication, the whale holds about $43.014 million in long positions with 3x leverage, with a floating profit of about $1.368 million (+9.9%), and a liquidation price of $636.7; currently holding two additional orders in the range of $1162.6 to $1170, planning to buy another $2.074 million.

Just yesterday, the whale closed approximately 26,600 SKHX long positions at an average price of $1210.9, realizing a profit of about $1.952 million. Its position in this round has increased by about 34%.

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