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Woofun AI reports that SK Hynix shares declined by more than 9.6%, triggering significant unrealized losses for a prominent trader known as 'smart money'. This entity, which had previously generated over $5.293 million in profits through US equity trading, is now seeing gains erode. The trader holds a $9.41 million 2x long position in MU, opened at $1005.1, currently showing a floating loss of $620,000.
Additionally, an $8.85 million 2x long position in SKHX, initiated at $1494.5, has accumulated a floating loss of $1.18 million. Combined, these two major stock positions have resulted in a total floating loss of $1.8 million.