SK Hynix Token Drops 3.38% as Whale Faces $2.5M Liquidation Risk
2026-07-08 16:21

Woofun AI reports that SK Hynix token SKHX trades at $1,389 on Hyperliquid, reflecting a 24-hour decline of 3.38% amidst $788 million in trading volume. An address identified as 0x1cb holds a 10x leveraged long position of 1,805 contracts valued at $2.51 million, currently facing an unrealized loss of $37,200. The position’s liquidation price stands at $1,331.11, leaving only a 4.2% margin buffer against the current market rate. To mitigate forced liquidation risks, the whale has established sell orders at $1,430 for profit-taking and $1,332 as a stop-loss, positioned just $1 above the liquidation threshold.

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Tags:
SKHX
Hyperliquid
BlockBeats
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