Whale Exits $9.03M SKHX Short on July 15, Recovers $560K After 90% Profit Drawdown

SKHY12.41%

According to Hyperinsight monitoring on July 15, whale 0x4c7 closed its entire SK Hynix (SKHX) short position with proceeds of $9.03 million at an exit price of $1,424.47, compared to an entry price of approximately $1,453. The position generated a net profit of around $560,000 after partial profit-taking.

The whale's unrealized gains had peaked at $1.99 million on July 14 when SKHX dropped to $1,146.40, but rapid recovery in the stock compressed the position's value, prompting the full exit near breakeven levels.

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