A trader opened a 4x leveraged long position in SKHX at 14:38 on July 28 and is now sitting on more than $1 million in unrealized losses, according to on-chain analyst Ai Yi (@ai_9684xtpa). The position totals 23,251.544 SKHX, with a notional value of $24.67 million and an average entry price of $1,106.8. Based on the figures shared by the analyst, the trade is currently down $1.074 million. The wallet has also become the second-largest SKHX holding address on Hyperliquid. The update was cited by BlockBeats in a July 28 market report.
A trader is down more than $1 million on a 4x leveraged long position in SKHX opened after the South Korean stock market closed, according to monitoring data shared on July 28 by on-chain analyst Ai Yi (@ai_9684xtpa).
The trader opened the position at 14:38, taking a 23,251.544 SKHX long worth $24.67 million. The average entry price was $1,106.8. Ai Yi said the position is now showing an unrealized loss of $1.074 million.
The wallet has become the No. 2 SKHX holding address on Hyperliquid, based on the analyst’s tracking.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. 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.
