[Whale Tracking] Hynix bull partially cashes out again, initiates $8.1 million profit-taking

BlockBeats News, September 9 - According to TradingBeats monitoring, the continuously tracked 0x519c Hynix long position added nearly $10 million in SKHX positions yesterday afternoon, and has since reduced positions in two rounds from last night to now, selling a total of 3,011.55 units with a transaction amount of approximately $4.178 million, realizing trading profits of about $150,000.

Currently, the address still retains 81 regular limit sell orders at prices between $1,401.4 and $1,420, planning to continue selling, with an amount of approximately $8.106 million.

As of press time, SKHX is trading at approximately $1,386.4. The address still holds 8,816.2 long positions, valued at about $12.223 million, with floating profits of approximately $430,000.

The sell order prices are approximately 1.1% to 2.4% higher than the current price. If all orders are filled, the address will reduce its existing position by approximately 65.2%, equivalent to about 26% of yesterday's peak holdings.

At the same time, the address also holds approximately $12.44 million in SPCX, $2.94 million in Micron Technology (MU), $2.59 million in SanDisk (SNDK), and $110,000 in DRAM index long positions on Trade.xyz. Combined with SKHX, its total long positions on the platform amount to approximately $30.3 million, with the three storage stock positions in Hynix, Micron, and SanDisk totaling approximately $17.75 million.

Previous news: "Whale Tracking" Two SKHX longs that entered yesterday begin cashing out, with combined profits of $1.2 million