Semiconductor-linked contracts on Hyperliquid fell across the board on July 17, according to monitoring data from Hyperinsight, pushing a cluster of leveraged long positions into stop-loss exits. Since 00:00 that day, SKHY was down 8.1%, SNDK fell 7.1%, SKHX dropped 6.4%, and MU lost 3.8%.
Among previously tracked addresses, six whales had already stopped out of more than $1 million each across the four major contracts cited. In total, they closed $16.852 million worth of long positions and realized combined losses of $1.072 million. The liquidations were heavily concentrated in SKHY, where five of the six whales recorded their seven-figure stop-losses.
The remaining whale exited across three contracts, taking losses of about $386,000 on SKHY, $332,000 on SNDK, and $304,000 on MU, for a combined loss of roughly $1.022 million. Hyperinsight said Hynix ADR was both the steepest decliner in the group and the most crowded exit for leveraged longs.
Semiconductor-related contracts on Hyperliquid fell in a broad move on July 17, according to Hyperinsight, forcing a number of previously tracked leveraged longs to exit at a loss.
Since 00:00 that day, SKHY dropped 8.1%, SNDK fell 7.1%, SKHX lost 6.4%, and MU declined 3.8%.
Among the addresses Hyperinsight had been tracking, six whales had already triggered stop-losses of more than $1 million each across the four main contracts. Together, they closed $16.852 million in long positions and realized total losses of $1.072 million.
The stop-loss activity was concentrated in SKHY. Five of the six whales recorded their seven-figure losses entirely in that contract. The remaining whale exited across three names, with losses of about $386,000 on SKHY, $332,000 on SNDK, and $304,000 on MU, for a combined loss of roughly $1.022 million.
Hyperinsight said Hynix ADR was the sharpest decliner in the latest drop and also the most crowded exit point for leveraged longs.
The original post also said HyperInsight Bot is now live. After adding @HyperInsightBot to a Telegram group and granting admin status with message permissions enabled, users can automatically sync on-chain information.
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