SKHX units and realized approximately 149.04 in take-profit 1020000 USD
BIBIBI
AT A GLANCE
An address was reported to have reduced 149.04 units of SKHX short positions, equivalent to approximately 1020000 USD; its remaining position size is approximately 12150000 USD。
Article
🐘 【Shorting Whales at Highs】SKHX Short position take-profit!
💵 Asset:SKHX Reduced short position by 149.04 units, equivalent to approximately 1,020,325.81 USD✦ Position size: 12,151,568.85 USD✦ Average price: 1,283.80 USD → 1,283.81 USD✦ Current P&L: +971,131.28 USD (+31.97%)
✦ Current price: 1,188.80 USD✦ Liquidation price: 1,561.89 USD📌 Address: 0x4c78a97cef589b01bb91dbf893fffa14243d2444🔥 Note: Prefers shorting various assets at their tops; currently the largest short seller of SKHX, still overall in a loss-making state, with monthly losses of SK The short address reduced its position by 6000000 USD。 🔥
Key points
01
The original text stated “SKHX reduced its short position by 149.04 units,” equivalent to approximately 1,020,325.81 USD。
02
The position size listed in the original text was 12,151,568.85 USD。
03
The average price changed from 1,283.80 USD to 1,283.81 USD。
04
Current profit/loss was +971,131.28 USD (+31.97%), and the current price was 1,188.80 USD.
05
The liquidation price was 1,561.89 USD。
06
The address provided in the original text was 0x4c78a97cef589b01bb91dbf893fffa14243d2444。
07
The original text stated that the address is now “SK the largest short seller of SKHX,” and stated that it remains overall in a loss-making state, with monthly losses of 6000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information states that an address reduced part of its SKHX short position. Short positions are generally used to bet on price declines; “reducing a short position” means shrinking this type of position. The original text also listed the remaining position size, average price, current P&L, current price, and liquidation price.
Why it matters to readers
The address still has a position size of approximately 12150000 USD as stated in the original text. Further reductions or position changes may be worth monitoring. However, the actions of a single address cannot confirm the direction of the overall market.
Beginners should regard this as an unverified large-position update pending verification and should not follow trades based solely on this information; short positions carry the risk of larger losses if prices rise and approach the liquidation price.
Risks and unknowns
The original text did not include directly verifiable on-chain transaction records or trade details.
Statements such as “take-profit,” “largest short seller,” and “monthly losses 6000000 USD” are currently supported only by the post’s text.
The accuracy of the position, P&L, price, and liquidation price listed by the publisher cannot be confirmed based solely on the original text.
SKHX The specific correspondence between SK and SKHX was not explained in the original text.
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Short Position
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