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A whale bought $2 million worth of SK Hynix this morning, with a 115% return on principal already achieved.

A whale bought $2 million worth of SK Hynix this morning, with a 115% return on principal already achieved.

BlockBeatsBlockBeats2026/07/03 06:48
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BlockBeats News, on July 3, according to Hyperinsight monitoring, SK Hynix briefly fell below $1,400 this morning, with the low point dropping to around $1,350. On Hyperliquid, a smart money address (0x9a5) consistently opened long positions with 10x leverage at low prices, ultimately establishing a long position of approximately $2.06 million with a principal of about $184,000. After rolling over, the average held price was around $1,413.


As market sentiment recovers, SKHX is currently quoted at $1,580 on Hyperliquid, rebounding about 17% from the low. The floating profit rate for this address has reached 115%, with an unrealized profit of approximately $216,000.

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