Bullish

SKHY Whale Sets $10M Buy Orders Amid 65.8% Loss

2026-07-28 15:56:54

Top SKHY holder with $6.5M leveraged position and 65.8% loss places $10M in layered buy orders down to $52.3, risking $9.1M unrealized loss if executed.

Woofun AI data shows that the leading SKHY holder, address 0xdb0, maintains a $6.547 million long position with 5x leverage and an average entry of $158.87, resulting in a 65.8% return rate and $993,000 in unrealized losses. The liquidation price stands at $124.78, approximately 9.6% below current market levels.

The address has deployed 100 layered buy orders totaling $10 million, ranging from $136 to $52.3, aiming to acquire 113,600 additional tokens. If fully executed, the total holding would reach 161,000 tokens with a weighted average price of $88.05, potentially expanding unrealized losses to $9.121 million.

WOOFUN AI

Impact Assessment · Quick Read

This aggressive averaging-down strategy highlights extreme conviction or potential distress among major holders. The proximity of the liquidation price to current levels suggests high immediate risk for this position. If the lower-tier orders are triggered, the resulting capital requirement could strain liquidity, while the sheer size of the pending buy wall may temporarily support price floors.
Generated by WOOFUN AI · For reference only, not investment advice

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