The address reduced 3,680 units of its SKHY long position, with the remaining position showing an unrealized loss of approximately 590000 USD
BIBIBI
AT A GLANCE
The post stated that an address reduced 3,680 units of its SKHY long position, and that the position remains at a loss.
Article
🐘 【Whale Shorting at the Top】SKHY Long position cut!
💵 Asset:SKHY Long position reduced by 3,680.00 units, equivalent to approximately 661,873.12 USD✦ Position size: 5,385,783.44 USD✦ Average price: 187.66 USD✦ Current profit/loss: -593,254.91 USD (-77.11%)
✦ Current price: 169.04 USD✦ Liquidation price: 12.92 USD📌 Address: 0x4c78a97cef589b01bb91dbf893fffa14243d2444🔥 Note: Prefers top-ticking short positions in various assets; currently the largest short in SK Hynix, still at an overall loss, with a monthly loss of SK SK Hynix’s largest short, still at an overall loss, with a monthly loss of 6000000 USD。 🔥
Key points
01
The post stated that the address 0x4c78a97cef589b01bb91dbf893fffa14243d2444 reduced 3,680 units of its SKHY long position, equivalent to approximately 661,873.12 USD。
02
The position size listed in the post was 5,385,783.44 USD, with an average price of 187.66 USD。
03
The current profit/loss listed in the post was a loss of 593,254.91 USD, representing a decline of 77.11%。
04
The current price listed in the post was 169.04 USD, and the liquidation price was 12.92 USD。
05
The post stated that the address prefers top-ticking short positions in various assets and is currently SK SK Hynix’s largest short, still at an overall loss, with a monthly loss of 6000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This post describes an address reducing SKHY long position holdings and states that its remaining position is at a loss. A long position generally indicates a bullish position; reducing it means the position size has decreased.
Why it matters to readers
If the post’s data are accurate, the reduction would lower the address’s bullish exposure to SKHY, but the actions of a single address do not represent the direction of the broader market.
This provides information about common trading metrics such as long positions, position size, average price, unrealized profit/loss, and liquidation price.
Risks and unknowns
The post does not provide independently verifiable on-chain transaction records.
The accuracy of the reduction amount, position size, and profit/loss data cannot be confirmed based solely on the post.
It cannot be confirmed whether “SKHY” corresponds specifically to “SK SK Hynix” in the post.
It cannot be confirmed whether the address will continue reducing or close the position.
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Related concepts
Long Position
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