Whale Address Shorts Samsung and SK Hynix for $14.84M on Hyperliquid Amid Semiconductor Event Week

According to BlockBeats citing Hyperinsight monitoring, a whale address ending in 0x4c7 held semiconductor short positions on Hyperliquid on July 6, with SK Hynix (SKHX) and Samsung Electronics (SMSN) combined worth approximately $14.84 million.

The SKHX short position (4x isolated margin) was valued at about $10.87 million with an average entry price of $1,461.06 and current price around $1,534.90, incurring an unrealized loss of approximately $523,000 or -20.2%. The SMSN short position was valued at approximately $3.97 million with an average entry price of $201.54 and current price around $207.54, showing an unrealized loss of about $115,000 or -11.9%. The address is currently the largest short holder in SKHX.