SKHX's Biggest Short Faces $4.08M Floating Loss but Keeps Adding as Storage Stocks Rally
An address starting with 0xebe has become the largest SKHX short position by unrealized loss as storage stocks push higher, according to TradingBeats (formerly Hyperinsight) data on Aug. 14. The wallet holds a 10x isolated short of 34,600 SKHX contracts worth about $40.45 million, with an average entry price of $1,051.9. Floating losses total roughly $4.08 million, a return of about -112.1%, and the liquidation price is $1,720.7. The rally has not pushed the whale to trim: net short positions grew by about 1,800.6 contracts in 24 hours, and cumulative new shorts since yesterday reach 2,848.6 contracts. The address also placed a 300-contract regular sell order at $1,174.7, planning roughly $352,000 of additional short exposure, alongside a 500-contract buy order at $1,164.2; neither is reduce-only or a trigger order, and no public stop-loss has been spotted. Losses stand at about $748,000 over 24 hours and $7.61 million over seven days, making the address SKHX's biggest short seller.








