「US Stock Top 1 Drawdown」 Whale Liquidates $35.16 million Long Position in SKHX, Suffers $4.42 million Loss
BlockBeats News, July 2nd, according to Hyperinsight monitoring, last night and this morning, the AI and semiconductor sectors experienced a sharp correction. On the Hyperliquid platform, SKHX (SK Hynix) briefly dropped below $1500. The largest long position holder of SKHX (address 0x9dc) liquidated all MU and SKHX long positions in this round of market-wide decline, with a single SKHX position realizing a loss of $4.42 million, becoming the address with the largest 24-hour withdrawal in US stock trading on Hyperliquid.
It is reported that the address had chased the long position of SK Hynix at a high point a week ago, with an entry price of $1803 and a position size of $35.16 million. After exiting the position today, the $17.80 million in the account has completely shifted to a defensive cash position. There is no sign of the next closing action yet, and the accumulated loss in the past 7 days has reached $6 million, but it remains a major holder in the semiconductor sector.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The $50 billion target falls short, Salesforce (CRM.US) draws another $63 billion blueprint—can it convince Wall Street that the “AI replacement theory” is exaggerated?
Salesforce announced an ambitious FY2030 revenue target of $63 billions, surpassing expectations, and is rebuilding market confidence in its strategy by strengthening its partnership with Anthropic to ease concerns over AI competition.

Upcoming Crypto Presales: Three Milestones MemeToro Must Hit Before Token Generation Event
Repeat: Correction to CACI Gets Contract From U.S. Central Command Article
Bitcoin Edges Higher as Investors Reposition Post-Fed -- Market Talk
