Storage Whale Misses $1.2M Profit After Liquidating Positions Before Surge

A whale sold $5.9M in SK Hynix and SanDisk shares, missing a 6.5x profit opportunity as stocks surged 18-22%. The trader subsequently opened leveraged short positions.

Woofun AI data shows that an address starting with 0x0c4 liquidated holdings in SK Hynix and SanDisk over the past day, generating approximately $186,000. The total value of these sold positions was around $5.945 million. Following the sales, SKHX and SNDK prices rose by approximately 18.0% and 22.3%, respectively, compared to the average selling prices. If the positions had been held until the morning highs, the potential profit would have reached roughly $1.385 million, representing a missed opportunity of about $1.2 million or 6.5 times the actual earnings. Specifically, SKHX was sold at an average of $1,022.9 but peaked at $1,207.4, while SNDK was sold at $1,278 but reached $1,563.3.

After exiting the long positions, the whale did not re-enter with longs but instead initiated short positions on 2,524.2 shares of SNDK using 10-fold leverage. These short positions have a total value of approximately $3.902 million, with an average entry price of $1,553.2 and a current unrealized profit of around $18,000. The liquidation price for these leveraged shorts is set at $1,936. TradingBeats, an on-chain Perp and address analysis tool, provides real-time visibility into Hyperliquid data, enabling users to trace transactions to specific addresses.