"Whale Tracker" storage smart money plans to take profit on SK Hynix at $1,415.

BlockBeats News, September 9 - According to TradingBeats monitoring, a whale starting with 0xc8b has placed 100 sell orders for SKHX reduction within the range of $1,415 to $1,450, totaling 9,663.8 units, covering all its long positions in SKHX.

This take-profit range is approximately 5.5% to 8.1% higher than the average holding price of $1,341. If all current pending orders are filled at the limit price, the corresponding profit would be approximately $884,100. Currently, the value of this address's SKHX position is approximately $13.397 million, with an unrealized profit of about $437,600.

For Micron Technology (MU), this address still holds 20,164.7 long contracts at an average price of $1,043.789, with a position value of approximately $20.3281 million and an unrealized loss of about $719,700. The previously set take-profit sell orders between $1,100 and $1,120 have been canceled.

The combined value of the two long positions in storage stocks is approximately $33.725 million, with a total unrealized loss of about $282,000. As of this snapshot, no publicly active trigger stop-loss orders have been observed for either MU or SKHX.

To date, this whale has realized a net profit of approximately $10.99 million on SKHX.

Previous report: Smart Money Returns to Storage Sector, Building $27.5 Million Positions in MU and SKHX