Two SKHX whale longs move into profit, with about $1.2 million realized and unrealized gains combined

News Editor

2026-09-08 02:32:53

Two whale addresses tracked after building a combined $17.808 million SKHX position have both moved into profit, according to TradingBeats. One address, starting with 0xc8b5, fully exited after adding to its position and locking in gains. It first bought SKHX at an average price of $1,310.92 around 12:00 yesterday, later expanded the position to 12,858.87 units with a blended entry price of $1,314.26, and then began taking profit at 08:18 today before closing out entirely at 10:12 at an average sell price of $1,377.96. The trade lasted about 22 hours from the initial entry to the final exit and generated about $819,100 in profit. The second address, starting with 0x519c, first bought SKHX at $1,292.70 for about $4.712 million yesterday, then added another roughly $1.109 million at $1,323.73 at 07:00 this morning. At press time, that wallet was still holding a 4,483.04 SKHX long with a blended cost of $1,298.50, a position value of about $6.203 million, and an unrealized gain of about $382,000. Earlier tracking had linked the two addresses to two large SKHX long orders totaling about $17.8 million.

Two whale addresses that bought a combined $17.808 million worth of SKHX yesterday are now both in profit, according to TradingBeats.

One of them, the address beginning with 0xc8b5, has already fully taken profit after adding to the position. The other, starting with 0x519c, added again this morning and is still holding its long.

0xc8b5 opened, added, and exited within about 22 hours

The 0xc8b5 address bought SKHX yesterday at 12:00 at an average price of $1,310.92, opening a position worth about $13.096 million. It later added to the trade. By last night, cumulative purchases had reached 12,858.87 SKHX, taking the total position to about $16.9 million with a blended average entry of $1,314.26.

At 08:18 today, the address started taking profit in batches. It fully closed the position at 10:12, selling at an average price of $1,377.96. From the initial entry to the final exit, the trade lasted about 22 hours and produced about $819,100 in profit.

0x519c added again this morning and remains long

The second whale, the address beginning with 0x519c, bought SKHX yesterday at $1,292.70, building a position worth about $4.712 million. At 07:00 this morning, the address added again at $1,323.73, increasing exposure by about $1.109 million.

As of publication, 0x519c still held a 4,483.04 SKHX long. Its blended average cost was $1,298.50, with the position valued at about $6.203 million. The unrealized gain stood at about $382,000, or +38%.

Earlier tracking linked both wallets to two large SKHX long orders

Earlier reports said SKHX had seen two new large orders, with whales taking combined long exposure of about $17.8 million. The addresses were 0xc8b527864ef2ad6dc49de7e99943a3a76ad48891 and 0x519c721de735f7c9e6146d167852e60d60496a47.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

10800

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.