Monitored by Woofun AI, the largest short position for SKHX has seen its unrealized losses contract from approximately $3.7 million to $1.9 million as South Korean semiconductor equities retreated. Although the address remains trapped in the market due to aggressive shorting of American and South Korean stocks during bullish phases, it has accumulated a total profit exceeding $750,000 through funding rate mechanisms.

The wallet, established in May, deployed 4x leverage on 8,333 xyz:SKHX contracts, creating a position valued at roughly $14 million with an average entry price of $1,460.91. While the position previously faced unrealized losses surpassing $3.7 million, the recent price drop improved the PnL to $1.9 million, alongside a $450,000 gain from funding rates. The liquidation threshold stands at $2,041.06.

Concurrently, the whale maintains diversified short exposures, including positions in xyz:MU, xyz:DRAM, xyz:COPPER, xyz:NVDA, xyz:SMSN, and xyz:BB, with varying unrealized gains and losses offset by consistent funding rate income.