Address increased its holdings by 6,943 units SKHY of long positions, with holdings of approximately 8670000 USD
BIBIBI
AT A GLANCE
An address increased its holdings by 6,943 units SKHY of long positions, lowering the average price to 166.11 USD, with a current unrealized loss of approximately 1178200 USD。
Article
🐘 【Whale Shorting at the Top】SKHY Long position averaged down!
💵 Asset:SKHY Increased long position by 6,943.00 units, equivalent to approximately 1,033,220.91 USD✦ Position size: 8,675,111.25 USD✦ Average price: 168.78 USD → 166.11 USD✦ Current profit/loss: -1,178,182.22 USD (-95.07%)
✦ Current price: 146.25 USD✦ Liquidation price: 54.95 USD📌 Address: 0x4c78a97cef589b01bb91dbf893fffa14243d2444🔥 Note: Prefers shorting various assets at their tops; currently the largest short in SKHY, still in an overall loss position, with monthly losses of SK the largest short in SKHY, still in an overall loss position, with monthly losses of 6000000 USD。 🔥
Key points
01
Evidence states that the address 0x4c78a97cef589b01bb91dbf893fffa14243d2444 increased its holdings by SKHY long positions 6,943 units, equivalent to approximately 1,033,220.91 USD。
02
The position size listed in the evidence is 8,675,111.25 USD, with the average price changing from 168.78 USD to 166.11 USD。
03
The current profit/loss listed in the evidence is a loss of 1,178,182.22 USD, with a loss ratio of 95.07%。
04
The current price listed in the evidence is 146.25 USD, and the liquidation price is 54.95 USD。
05
The evidence states that the address prefers shorting various assets at their tops and is currently SK the largest short in SKHY, still in an overall loss position, with monthly losses of 6000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information describes an address continuing to increase its SKHY long position and, through increasing its position, lowering the average holding price from 168.78 USD to 166.11 USD. According to the original data, this position is currently at a loss; the liquidation price is 54.95 USD, but this information alone cannot determine subsequent price movements or the outcome of the position.
Why it matters to readers
This shows that a single address continued increasing its position after the price fell, which may reflect that address's view of the subsequent trend, but does not represent SKHY the overall market direction.
A long position generally indicates that the holder expects the price to rise; averaging down means continuing to buy after a price decline to lower the average cost. The liquidation price is the price at which the position may be forcibly liquidated.
Risks and unknowns
The original text does not provide independently verifiable on-chain transaction evidence or a position link.
“Currently SK the largest short in SKHY” conflicts with the simultaneously described SKHY increase in the long position.
The monthly loss of 6000000 USD and largest-short status cannot be confirmed solely from the original text.
The specific correspondence between SKHY and SK SKHY cannot be confirmed.
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Related concepts
Long Position
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