Two whale wallets on Hyperliquid switched from a short stance to long SKHX positions on Sept. 7, according to TradingBeats, with combined purchases reaching about $17.808 million. The two positions are now valued at roughly $17.976 million, leaving the traders with a combined unrealized profit of about $168,000.
One address beginning with 0xc8b5 bought 9,989.896 SKHX between 12:09 and 13:07, building a position worth around $13.096 million over roughly 58 minutes at an average execution price of about $1,310.92. The other wallet, starting with 0x519c, acquired 3,644.952 SKHX between 09:40 and 09:44, completing about $4.712 million in purchases within four minutes at an average entry price of about $1,292.70.
The report also referenced earlier whale-tracking updates tied to the two addresses, including one smart-money account that reportedly made $2.5 million after chasing SKHX higher and placed a $47.59 million take-profit order, and another trade that captured about 10% of SPCX’s main upward move, with a buyer from last night’s TWAP order posting gains of more than 161%.
Two whale traders on Hyperliquid moved from a short stance to long SKHX positions on Sept. 7, buying about $17.808 million in total, according to TradingBeats. The two long positions are currently worth around $17.976 million, for a combined unrealized gain of about $168,000.
One address beginning with 0xc8b5 bought 9,989.896 SKHX from 12:09 to 13:07. The wallet built a position of about $13.096 million in roughly 58 minutes, with a blended average execution price of about $1,310.92.
A second address beginning with 0x519c bought 3,644.952 SKHX between 09:40 and 09:44. That trade totaled about $4.712 million and was completed in four minutes, with an average entry price of about $1,292.70.
TradingBeats also cited earlier whale-tracking notes related to the two addresses. One said a smart-money trader made $2.5 million after chasing SKHX higher yesterday and had placed a $47.59 million take-profit order. Another said a trader captured about 10% of SPCX’s main upward leg, while a buyer who used TWAP last night was sitting on gains of more than 161% as expected.
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