A smart-money trader previously up more than $5.293 million from long and short U.S. equity bets has started to give back part of those gains after SK Hynix fell more than 9.6%, according to on-chain analyst Ai Yi on X. The trader is holding a $9.41 million 2x long position in MU, opened at $1,005.1, which is now showing a floating loss of $620,000. Another 2x long in SKHX stands at $8.85 million, with an entry price of $1,494.5 and an unrealized loss of $1.18 million. Combined, the two stock-linked long positions are now down $1.8 million on paper. The update was reported by Odaily.
Two 2x long positions are now down a combined $1.8 million
SK Hynix has fallen more than 9.6%, and a smart-money trader who had made more than $5.293 million from both long and short U.S. stock bets is now giving back some of those gains, according to on-chain analyst Ai Yi in a post on X cited by Odaily.
The trader’s 2x long position in MU is valued at $9.41 million and was opened at $1,005.1. It is currently showing a floating loss of $620,000. The trader also holds a 2x long in SKHX worth $8.85 million, opened at $1,494.5, with a floating loss of $1.18 million. Together, the two stock positions are sitting on a combined unrealized loss of $1.8 million.
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