Whale Alert: SKHX rebounds in the afternoon, a whale holds heavily weighted long positions worth $31.22 million

According to Hyperinsight’s monitoring, SKHX rebounded over 11% from its phase low of $879.4 at midday today. A whale address starting with 0xc8b began chasing the rally in the afternoon, purchasing a total of 31,968.2 SKHX tokens in roughly half an hour, with a transaction volume of approximately $31.389 million and an average transaction price of $981.9. As of press time, SKHX is trading at $976.62. The address currently holds a long position with 3x leverage, posting an unrealized loss of around $169,000, a return of approximately -1.6%, and a liquidation price of about $553.70. This position has become the single largest holding in the address’s history, pushing it to the top of SKHX’s long position leaderboard. Since its first activity on July 24, this address has only traded Micron, SanDisk, and SK Hynix, all in long positions. The two previous Micron long positions each had a size of roughly $28 million to $29.3 million; last night, it opened a SanDisk long position of about $14.66 million, which it exited at a loss at midday today. Each of its trades has entered with a position size of tens of millions of dollars. Previous news: "Whale Tracking" reports that the whale with a 100% win rate on Micron has placed another heavy position exceeding $25 million.