TradingBeats said a Hyperliquid address starting with 0xc8b closed its SKHX long position last night, locking in an estimated loss of about $1.027 million, then returned hours later with a new buy plan. At 02:11 today, the address placed 100 standard limit orders across the $1,130 to $1,160 range, with each order set for 250 units. In total, it plans to buy back 25,000 SKHX, worth about $28.625 million. The planned size is about 30.3% larger than the position it had just exited. With SKHX quoted at roughly $1,266 at the same time, the token would need to fall another 8.4% to 10.7% before those orders enter the intended re-entry zone. The move was flagged as part of BlockBeats' whale-tracking coverage, which had earlier also referenced a separate plan involving exits from a Micron long starting at $1,050.
BlockBeats reported on Sept. 15, citing TradingBeats, that a Hyperliquid address beginning with 0xc8b closed its SKHX long position last night and realized an estimated loss of about $1.027 million.
The same address later set up a new round of bids, waiting for a deeper pullback before entering again. At 02:11 today, it split 100 standard limit buy orders across the $1,130 to $1,160 range, with each order covering 250 units. The plan is to buy 25,000 SKHX in total, equal to about $28.625 million.
According to the monitored data, that intended purchase size is about 30.3% larger than the position the address had just closed. With SKHX trading at about $1,266 over the same period, the market would need to drop another 8.4% to 10.7% for price to move into the whale's planned re-entry range.
An earlier BlockBeats item had also noted a separate whale-tracking update that described a new plan to start exiting a Micron long from $1,050.
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