SK Hynix plunged 7.4% at midday; short sellers from this morning's high have already gained nearly 60% profit on principal

According to Odaily, Hyperinsight monitoring shows that SKHX on Hyperliquid peaked at $1,353.2 at 9:15 a.m. today, then rapidly plummeted at midday, hitting a low of $1,253.1 at 1:40 p.m., down 7.4% from the high point. As of press time, SKHX is trading at around $1,256.8, with the morning gains largely erased.

A whale happened to complete a short position right before this local high. From 7:00 a.m. to 9:10 a.m. today, they sold a total of 2,000 SKHX contracts in 491 trades, building the position at an average price of $1,333.98. The total transaction amount, recalculated as px×sz, is about $2.668 million, with approximately $160 in fees.

As of press time, this whale is holding a 10x full-position short of 2,000 SKHX contracts, valued at approximately $2.5138 million, with an unrealized profit of around $154,200, and a return rate of about 57.8%. The liquidation price is about $4,120.99. Currently, there are no SKHX take-profit or stop-loss orders set.

Looking at transaction history, this whale is a medium-to-high frequency, multi-asset short-term address. In the past 7 days, transaction volume is around $116 million with profits of $510,300, having previously focused on trading BTC and ETH in the crypto market. This is the first time the position has shifted to SKHX in this round.