A Hyperliquid whale address starting with 0x66f opened a short position of roughly 20,000 SKHX contracts on the afternoon of August 11, according to on-chain monitoring from TradingBeats, formerly Hyperinsight. The short was worth about $20.16 million at the time of monitoring, with an average entry price of $1,010.4, floating profit near $50,000 and a liquidation price around $1,931.8. No public orders had been attached to the position. The same wallet's trade makes up about 77.8% of new shorts in the last four hours and more than half of new positions over the past 12 hours, making it the most prominent new short. In that window, SKHX open interest climbed roughly $39.05 million, up 9.4%. Historically, the address leans toward memory and semiconductor names, frequently trading MU, SKHX and Samsung Electronics, with small BTC activity. Two earlier SKHX shorts closed for a combined $1.022 million in profit. Across 58 completed trades, win rate sits at around 29%, with average holding time of one day and 18 hours. The address once carried a heavy long in MU.
A Hyperliquid whale address starting with 0x66f quickly shorted around 20,000 SKHX contracts in the afternoon of August 11, according to TradingBeats (formerly Hyperinsight). The short was valued at about $20.16 million, with an average entry of $1,010.4, floating profit near $50,000 and a liquidation price of roughly $1,931.8. No public orders have been set on the position.
Open interest data
SKHX open interest rose by roughly $39.05 million over the past 12 hours, an increase of about 9.4%. New shorts in the last four hours added around $25.9 million. The whale's single position accounts for about 77.8% of that new short flow and more than 50% of all new positions opened in the 12-hour window, making it the most prominent new short at the moment.
Address history
The address has shown a clear tilt toward memory and semiconductor names, frequently trading MU, SKHX and Samsung Electronics (SMSN), with smaller activity in BTC. Its two previous SKHX trades were both shorts and collected about $1.022 million in total.
On-chain data shows 58 completed trades, a win rate around 29% and an average holding time of one day and 18 hours. The same address previously held a heavy long position in MU.
TradingBeats, an on-chain perpetual and address analysis tool, is now live and supports real-time Hyperliquid monitoring, linking address-level movements to larger whale activity.
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