Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

SKHYNIX Short Whale Position Underwater by $1.58M on Hyperliquid, May 11

GateNews
Derivatives Data

According to BlockBeats citing Hyperinsight monitoring, on May 11, a major whale trader on Hyperliquid holding a short position in SKHYNIX (SK Hynix futures contract) is now underwater by $1.58 million with a 119% loss on its initial capital. The whale opened a 4x leveraged short of 3,394.6 SKHYNIX contracts (worth approximately $4.36 million) on February 20 at an average entry price of $816. The liquidation price stands at $1,592. SKHYNIX is currently trading at $1,299, having reached new all-time highs. The position remains open after nearly three months of losses.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-11 05:33
Trader Loracle Opens $8M SNDK Short at Mizuho's $1,625 Buy Target, Up 10% Today
05-10 11:11
Whale Opens 2,000 ZEC Short Position with 10x Leverage After 14 Consecutive Long Losses
05-09 13:04
Hyperliquid Whales Hold $4.464B in Positions, Long-to-Short Ratio at 0.95
05-09 11:05
Whale Reverses After 14 Consecutive Losses, Opens 10x Leveraged ZEC Short of 2,000 Coins Overnight
In-Depth Analysis

SHIB Momentum Builds: Can Shiba Inu Surge Past $0.000027 Post Crypto Winter?

Crypto News Land05-11 05:40

SHIB Momentum Builds: Can Shiba Inu Surge Past $0.000027 Post Crypto Winter?

Crypto News Land05-11 05:37

SHIB Price Stabilizes as Lower Leverage Supports Recovery

Crypto News Land05-10 17:36
Comment
0/400
No comments