4 accounts cumulatively purchased approximately 5560000 USD SKHX in long positions, at an average price of approximately 901.67 USD
BIBIBI
AT A GLANCE
The report stated that 4 accounts concentrated their opening of SKHX long positions, with total unrealized profits of approximately as of publication 364400 USD。
Article
4 Whales bought the dip over the weekend SKHX, with average prices concentrated near 900 USD BlockBeats reported that October 19, according to TradingBeats monitoring, since last Friday, 4 accounts successively opened SK long positions in SK Hynix Korean stock-mirrored contracts SKHX, cumulatively purchasing 6167.847 contracts, with transaction value of approximately 5561400 USD, and a weighted average entry price of approximately 901.67 USD. The costs of all accounts were concentrated at 895—912.76 USD.
As of publication,SKHX was quoted at 960.75 USD, approximately 6.6%。4 accounts currently still hold long positions exceeding 1000000 USD, valued at approximately 5925800 USD, with unrealized profits of approximately 364400 USD.
According to calculations, the above entry cost was equivalent to approximately 1192200—1215900 KRW, and the weighted average price was equivalent to approximately 1201100 KRW.
Original link https://m.theblockbeats.info/flash/372526
Key points
01
BlockBeats stated that, according to TradingBeats monitoring, since last Friday, 4 accounts successively opened SKHX long positions.
02
4 accounts cumulatively purchased 6167.847 contracts, with transaction value of approximately 5561400 USD。
03
The weighted average entry price was approximately 901.67 USD, with the accounts' costs concentrated at 895—912.76 USD。
04
As of publication,SKHX was quoted at 960.75 USD, approximately higher than the above weighted average price by 6.6%。
05
4 accounts still each hold long positions exceeding 1000000 USD, with a combined value of approximately 5925800 USD and unrealized profits of approximately 364400 USD。
06
The report stated that the entry cost was equivalent to approximately 1192200—1215900 KRW, and the weighted average price was equivalent to approximately 1201100 KRW.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Simply put, the report believes that 4 accounts bought SK SK Hynix Korean stock-mirrored contracts SKHX at similar price levels and bet on a price increase. As of publication,SKHX the price was above their average purchase price, so these positions were showing paper profits; paper profits do not equal realized gains.
Why it matters to readers
These concentrated long positions and their paper gains can be used to observe SKHX's short-term trading activity, but 4 the positions of these accounts alone cannot confirm the subsequent price direction.
Beginners should distinguish between the average entry price, current price, and unrealized profit: unrealized profit may become realized gain only after selling or closing a position.
Risks and unknowns
The report did not provide 4 specific details for the accounts or original transaction records; the relevant data cannot be independently verified from the article.
It cannot be confirmed whether these accounts will continue holding, increase, reduce, or close their positions.
A current price above the average entry price does not mean the price will continue to rise.
“Whales” is the label used in the headline; the body only explicitly identifies them as 4 accounts.
Related Developments
Loading event timeline…
Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.