"Whale Tracking" Smart Money Plans to Go Long on SKHX at a Low Price of $1,160

BlockBeats news, September 15th, according to TradingBeats monitoring, after the address starting with 0xc8b on Hyperliquid cleared its SKHX long position last night and realized a loss of approximately $1.027 million, it placed buy orders again this morning, waiting for the price to fall further before re-entering.

At 02:11 AM today, the address split and placed 100 regular limit buy orders in the $1,130 to $1,160 range, each for 250 units, totaling a planned re-purchase of 25,000 SKHX, corresponding to an amount of approximately $28.625 million.

This planned purchase quantity is about 30.3% higher than the position it just cleared. SKHX was reported at approximately $1,266 during the same period, and would need to fall another approximately 8.4% to 10.7% to enter its re-entry range.

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