Whale Accumulates 5,095 SKHX with $2.72M Margin on Hyperliquid, Down 13% as of July 6

According to Hyperinsight monitoring, on July 6, a whale address (0x0ad...) opened a long position of 5,095 SKHX with approximately $2.72 million margin and 3x leverage during the weekend U.S. stock market closure. The position is now valued at approximately $7.8 million, with unrealized losses of about $370,000 (-13%) as of press time, making the whale the largest SKHX long holder on Hyperliquid.

The same whale also opened a long position in MU with approximately $2.12 million margin and 4x leverage on 5,095 contracts. The position is valued at approximately $8.27 million, with unrealized losses of about $297,000 (-11%) as of press time.