Whale’s Samsung Electronics long was liquidated within two hours, while SKHX bottom-fishing position slid to a near-total loss

Whale’s Samsung Electronics long was liquidated within two hours, while SKHX bottom-fishing position slid to a near-total loss

N
News Editor
2026-07-29 04:38:25
Hyperinsight data showed that a whale wallet identified as 0x418a opened a roughly $1.447 million long position in Samsung Electronics at 10:15 on July 29, only to be forcibly liquidated at 12:08 the same day. The liquidation amount was about $1.366 million, leaving a loss of roughly $81,000. The same wallet had also started buying into SKHX at 22:09 the previous day. By this morning, cumulative capital committed to that trade had reached about $3.276 million. After 9:54 on July 29, the wallet continued averaging down while the position remained underwater, adding another roughly $1.956 million. As of publication, the whale’s SKHX long was valued at about $4.749 million, showing an unrealized loss of around $483,000 and a reported return rate of about -98.3%. Hyperinsight also showed that buy orders worth about $606,000 were still waiting to be filled below the current level.
whaleHyperinsightSamsung ElectronicsSKHXliquidationon-chain tracking

According to BlockBeats, Hyperinsight tracked a whale wallet, 0x418a, opening a Samsung Electronics long worth about $1.447 million at 10:15 on July 29. Roughly two hours later, at 12:08, the position was forcibly liquidated by the system. The liquidation amount was around $1.366 million, and the trade ended with a loss of about $81,000.

The same wallet had begun bottom-fishing SKHX at 22:09 the previous day. By this morning, total capital deployed into that position had reached about $3.276 million. After 9:54 on July 29, the wallet kept averaging down while sitting on floating losses, adding another roughly $1.956 million.

As of publication, the whale’s SKHX long was worth about $4.749 million, with an unrealized loss of about $483,000 and a return rate of around -98.3%. Buy orders worth about $606,000 were still resting below, waiting to be executed.

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