"Whale Watch" Smart Money Storage Cuts SKHX Accumulation Plan, $22 Million Buy Order Moved Down by $30

BlockBeats news, September 16th, according to TradingBeats monitoring, the smart money whale starting with 0xc8b5 proactively lowered the SKHX bid price today and simultaneously reduced the planned purchase quantity. All 100 adjusted buy orders remain in place.

The address canceled its original 100 buy orders today. It originally planned to buy 25,000 SKHX at $1,130–$1,160, but changed to placing buy orders at $1,080–$1,130, with a total amount of approximately $22.193 million. This adjustment reduced the planned purchase quantity by about 19.7%, and reduced the order amount by about $6.432 million, a decrease of about 22.5%.

As of press time, the address has no SKHX holdings, and no related trades occurred today. The decrease in amount came from proactively canceling and modifying orders, rather than partial execution of buy orders.

SKHX is currently quoted at $1,272.5, and would need to fall about 11.2% to reach the upper bound of the new buy orders at $1,130.

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