SKHX Surges 11% as Whale Opens $31.2M Long Position

SKHX rebounds 11% after a whale accumulates 31,968 tokens worth $31.4M. The address, focused on storage sector longs, now holds the largest single long position in the market.

Woofun AI data shows that SKHX prices recovered more than 11% from a low of $879.4 on July 29. A wallet address beginning with 0xc8b executed purchases totaling approximately $31.389 million, acquiring 31,968.2 SKHX tokens at an average price of $981.9 within thirty minutes.

The entity currently maintains a 3x leveraged long position with a floating loss of approximately $169,000 and a liquidation price near $553.70, marking its largest single holding to date. Since July 24, this address has exclusively targeted long positions in Micron, SanDisk, and Western Digital, consistently deploying tens of millions of dollars per trade.