SKHX Short Interest Surges 9.4% as Whale Shorts $20M

A single whale accounts for nearly half of new SKHX positions with a $20.16M short, driving open interest up 9.4% in 12 hours.

Woofun AI data shows that an address starting with 0x66f executed rapid short selling of approximately 20,000 units of SKHX, establishing a position valued at $20.16 million with an average entry price of $1,010.4. The trader currently holds unrealized profits of roughly $50,000, while the liquidation threshold sits at $1,931.8 per unit, with no public orders currently active.

Open interest for SKHX expanded by $39.05 million over the preceding 12 hours, marking a 9.4% increase, with this specific whale representing 77.8% of new short positions and over 50% of total new holdings. Historically focused on semiconductor assets including MU and Samsung Electronics (SMSN), this address has previously generated $1.022 million in profits from shorting SKHX, maintaining a 29% win rate across 58 transactions with an average holding period of one day and 18 hours.