Whale Tracking: Have Korean Stocks Bottomed Out? SK Hynix’s Largest Long Adds $2 Million in Shares Against the Trend

According to Hyperinsight monitoring, the whale with the address starting with 0x0ad, spotted yesterday, did not cut losses amid today’s continued slump in South Korean semiconductor stocks, instead adding to its SK Hynix (SKHX) position after the stock fell to around $1,400. As of press time, this address has opened 97 long positions, purchasing a total of 1,428.571 units worth roughly $2 million. Following the addition, its SKHX long position has risen to 6,523.79 units, valued at approximately $9.024 million, with an average entry price of $1,559.32. At the current price of $1,383.30, the position is showing an unrealized loss of around $1.148 million. Currently, the address also holds a long position in Micron (MU) worth roughly $7.53 million, with an unrealized loss of about $978,000. Combined, the two semiconductor long positions total around $16.554 million, with a total unrealized loss of approximately $2.126 million; it has placed take-profit sell orders for 5,095 SKHX units at prices ranging from $1,604 to $1,615, with a notional value of roughly $8.184 million. Earlier update: "Whale Alert: SK Hynix’s largest long position holder built its position with $2.7 million, now facing an unrealized loss of $370,000" — HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain information.