Whale Opens 10x Leveraged Long on SK Hynix, Gains 11.5% in One Hour on July 8

According to Hyperinsight, on July 8, whale address 0x1cb opened a 10x leveraged long position on SK Hynix (SKHX) over the past hour, with 2,362 SKHX tokens worth approximately $357.6 million notional value at an average entry price of $1,496.49. The position recorded an unrealized gain of about $40,700, representing a return of approximately 11.5%.

The address executed 653 trades across a price range of $1,486.90 to $1,520.00, rolling positions throughout the rally. This marks the whale's 25th SKHX long position in the past two weeks, with a win rate of approximately 70.8%, according to Hyperinsight's tracking.