Whale’s 10x Short on SK Hynix Tokenized Market Hits $2.887 Million in Unrealized Profit
On July 7, BlockBeats reported, citing Hyperinsight data, that a whale address beginning with 0xebe is currently holding a 10x leveraged short position in SK Hynix (SKHX) worth about $17.502 million, accounting for roughly 53.8% of its total portfolio exposure. After South Korean equities opened sharply lower this morning, the unrealized profit on the position expanded to around $2.887 million, representing a 137% return and making it the most profitable SKHX address on Hyperliquid at the time of reporting. The address has reportedly opened 1,242 short trades in SKHX since last night, adding to the position from $1,621 down to $1,471. Total executed volume reached 3,455.04 units, equivalent to about $5.2251 million, with net short exposure increasing by around 3,449 units. At present, the wallet has only one take-profit order placed at $1,435.40 for 300 units, with a notional value of about $430,600, covering less than 10% of the total position.







