In a single day, 83 long-position whale investors liquidated their holdings to cut losses, with 121 large long orders realizing losses of $23.6 million.

BlockBeats news, November 6 - According to TradingBeats monitoring, from the U.S. stock market open last night to noon today, among HIP-3 individual stocks, stock indices, and ETF contracts on Hyperliquid, at least 83 addresses reduced or closed out 121 million-dollar-level long positions at a loss, realizing a cumulative loss of approximately $23.65 million. Among them, at least 6 addresses each incurred a cumulative loss of over $1 million in a single account.

This round of losses was mainly concentrated in individual stocks, while indices and ETFs contributed more exit transactions. The S&P 500, Nasdaq 100, and other indices and ETFs together saw 51 loss-making reductions, accounting for about 42.1% of all exited positions, with realized losses of approximately $3.26 million, accounting for 13.8% of total losses.

Among them, S&P 500 mapped contracts had 19 loss-making reductions, and Nasdaq 100 had 15, totaling 34 transactions, accounting for about 28% of all exited positions.

In individual stocks, SK Hynix saw concentrated position reductions, while SanDisk had a massive single-item loss.

SK Hynix Korean stock SKHX and ADR contract SKHY together saw 28 loss-making long position reductions, realizing losses of approximately $3.62 million, making it the individual stock combination involving the largest number of addresses and positions.

SanDisk (SNDK) had only 7 loss-making reductions, yet cumulative losses reached approximately $8.42 million, accounting for 35.6% of all losses, making it the largest single-instrument source of losses in this round.

Nebius, Meta, and Micron also saw relatively large-scale loss-making exits, realizing losses of approximately $2.65 million, $2.17 million, and $1.76 million, respectively.

Among them, the loss scale of SanDisk's 7 positions already exceeded the total losses of all 51 exited positions in indices and ETFs. This large-scale long retreat was mainly concentrated in individual stocks, especially storage and AI supply chain names that previously held relatively large positions.