Bullish

SKHX Short Whale Earns $10M Profit Plus $1.23M Fees

2026-07-29 10:31:07

Address 0xEbE1 capitalized on SKHX decline via Hyperliquid shorts, securing $10M in gains and $1.23M in financing fees.

Woofun AI data shows that wallet address 0xEbE1 has accumulated over $10 million in profits from short positions on SKHX. The account also generated $1.23 million in financing fees on Hyperliquid as the token price continued to drop.

WOOFUN AI

Impact Assessment · Quick Read

This massive profit extraction highlights significant leverage usage against SKHX, potentially indicating strong bearish sentiment among large holders. The substantial fee income suggests high open interest or funding rate volatility on Hyperliquid for this asset. Traders may monitor this whale's position adjustments for signals on further downside risk or potential short squeezes.
Generated by WOOFUN AI · For reference only, not investment advice

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