Woofun AI data shows that Hyperliquid-listed SKHY ADRs fell 10.5% to $148.5, causing the premium over Korean stock SKHX to narrow by 4 percentage points to 30.8%. Whale 0x257 sustains a convergent portfolio with $7.893 million in total exposure, holding long SKHX positions valued at $3.288 million and short SKHY positions worth $4.605 million. This structure yields a net unrealized profit of approximately $343,000, driven by a 103.0% return on the short leg. The strategy also generates estimated hourly funding income of $185, as both legs benefit from current bilateral fee rates.