Whale Liquidates $35.16M SKHX Position on Hyperliquid, Realizes $4.42M Loss Overnight

According to Hyperinsight monitoring, a major long position holder (address 0x9dc) liquidated its entire SKHX (SK Hynix) position overnight on July 2, realizing a loss of $4.42 million. The address had accumulated a 35.16 million USD position in SKHX roughly one week ago at an average entry price of $1,803, but sold as SKHX dropped below $1,500 during the semiconductor sector pullback.

Following the liquidation, the address has reallocated $17.8 million to short positions. The whale has accumulated losses of $6 million over the past seven days but remains a major holder in the semiconductor sector on Hyperliquid.