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A trader took a 4x long position on SK Hynix after South Korea’s stock market closed, and has suffered an unrealized loss of over $1 million.

60 minutes ago

On-chain analyst Ai Yi (@ai_9684xtpa) reported that a trader opened a 4x leveraged long position of 23,251.544 SKHX tokens (valued at $24.67 million) at 14:38 today, with an average entry price of $1,106.8. The position is currently showing an unrealized loss of $1.074 million. This wallet has now become the second-largest SKHX holding address on Hyperliquid.

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