Storage-Share Whale Exits Early, Misses $1.2M Gain, Flips to 10x Short

Storage-Share Whale Exits Early, Misses $1.2M Gain, Flips to 10x Short

N
News Editor
2026-08-14 04:37:21
On August 14, TradingBeats data showed SK Hynix (SKHX) and SanDisk (SNDK) surging overnight into the morning session. A whale address starting 0x0c4 had closed 2,908.3 SKHX and 2,323.9 SNDK long positions a day earlier, banking about $186,000 in total. At this morning's highs, those positions could have yielded as much as $1.385 million in profit — roughly $1.2 million more than what the whale actually realized, meaning the missed gain was about 6.5x the booked profit. SKHX was sold at an average $1,022.9, netting roughly $17,000, while the token peaked at $1,207.4 this morning, leaving about $537,000 on the table. SNDK was cleared at $1,278 on average, booking around $169,000; it rose to $1,563.3, missing roughly $663,000. Combined position value at closing stood at about $5.945 million. After the exit, the two tokens rose as much as 18.0% and 22.3% respectively from the sale averages. Instead of re-entering longs, the whale has opened a 10x isolated short on 2,524.2 SNDK, with a position value of roughly $3.902 million, an average entry of $1,553.2, floating profit of around $18,000, and a liquidation price of $1,936.

TradingBeats flagged a whale that sold out of two storage-related positions right before the rally. SK Hynix (SKHX) and SanDisk (SNDK) jumped overnight into August 14, while the address starting with 0x0c4 had emptied its longs a day earlier.

$1.2 million left on the table

The whale cleared 2,908.3 SKHX and 2,323.9 SNDK long positions, banking about $186,000. At this morning's peak, the same positions would have returned roughly $1.385 million in profit — about $1.2 million above what was realized. The missed gain stands at roughly 6.5 times the booked profit.

SKHX was sold at an average price of $1,022.9, booking roughly $17,000. The token rose to $1,207.4 this morning, leaving about $537,000 uncollected. SNDK went out at an average of $1,278, netting around $169,000; it touched $1,563.3, missing about $663,000.

Together, the two trades closed for approximately $5.945 million. Since the exit, SKHX and SNDK have each climbed as much as 18.0% and 22.3% from the whale's average sale prices.

Flip to a 10x short

The whale has not chased the longs again. Instead, it opened a 10x isolated short on 2,524.2 SNDK with a position value of roughly $3.902 million. Average entry is $1,553.2, floating profit about $18,000, and the liquidation price sits at $1,936.

TradingBeats, the on-chain perp and address analysis tool that surfaced the moves, is now live with real-time Hyperliquid data, tracking whale activity from wallet-level origin.

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