An address starting with 0xebe has become the largest SKHX short position by unrealized loss as storage stocks push higher, according to TradingBeats (formerly Hyperinsight) data on Aug. 14. The wallet holds a 10x isolated short of 34,600 SKHX contracts worth about $40.45 million, with an average entry price of $1,051.9. Floating losses total roughly $4.08 million, a return of about -112.1%, and the liquidation price is $1,720.7. The rally has not pushed the whale to trim: net short positions grew by about 1,800.6 contracts in 24 hours, and cumulative new shorts since yesterday reach 2,848.6 contracts. The address also placed a 300-contract regular sell order at $1,174.7, planning roughly $352,000 of additional short exposure, alongside a 500-contract buy order at $1,164.2; neither is reduce-only or a trigger order, and no public stop-loss has been spotted. Losses stand at about $748,000 over 24 hours and $7.61 million over seven days, making the address SKHX's biggest short seller.
An address starting with 0xebe has turned into the biggest SKHX short position by floating loss during the latest run-up in storage-related stocks, according to monitoring from TradingBeats (formerly Hyperinsight) on Aug. 14.
10x isolated short, $4.08 million underwater
The address holds a 10x isolated short of 34,600 SKHX contracts, with a position value of roughly $40.45 million. Its average entry price is $1,051.9, leaving an unrealized loss of about $4.078 million and a return of roughly -112.1%. The liquidation price sits at $1,720.7.
The price advance has not pushed the whale to cut back. Net SKHX short positions added over the past 24 hours rose by about 1,800.6 contracts; since yesterday, cumulative new shorts have reached 2,848.6 contracts.
Extra short exposure stays queued
The address still has a 300-contract regular sell order at $1,174.7, planning to add roughly $352,000 in short exposure. It also has a 500-contract regular buy order at $1,164.2. Neither order is reduce-only or a trigger order, and no public stop-loss has been spotted so far.
Losses keep piling up
Data shows the address lost about $748,000 over the past 24 hours and roughly $7.61 million over the past seven days, making it the largest short seller in SKHX.
On-chain perp and address analysis tool TradingBeats is now live, supporting real-time Hyperliquid data from address tracing to whale operations.
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