Hyperliquid Giant Whale: SKHX Surges but Then Experiences Deleveraging Again, with 27% Capital Flight
2026-07-31 12:32:16
According to CoinMeta, SKHX rebounded to $1,165.5 today, with a 24-hour increase of about 24.4% and trading volume reaching $1.514 billion. However, from 11 p.m. last night to 11 a.m. this morning, the value of its open positions decreased from $622 million to $451 million, a reduction of about $172 million, or 27.6%. Over the past 24 hours, 40 large long holders of SKHX reduced their positions by a total of about $172 million; among them, 29 addresses liquidated all their existing long positions, and some of these addresses then went short. During the same period, only 17 accounts worth millions of dollars increased their long positions, with a total increase of about $55.354 million, resulting in a net reduction of about $116 million in long positions within the sample. Shorts also exited on a large scale, with 40 short accounts worth millions of dollars closing out positions for about $148 million. The largest position reduction came from the largest long holder of SKHX, 0xc8b, which sold all 37,229.1 shares of SKHX this morning, equivalent to about $43.391 million at current prices. The average closing price was about $1,135.2, resulting in a profit of about $5.717 million. Currently, the position of SKHX has been zeroed out.
Source:Internet
This content is for market information only and does not constitute investment advice.
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