Address Opens 23,300 SKHX 4x Long Position Worth $24.67M, Facing $1.074M Unrealized Loss

HYPE-3.55%
According to on-chain analyst Ai Yi, an address opened a 4x long position on 23,300 SKHX at 14:38 today, valued at $24.67 million with an entry price of $1,106.8 per token. The position has already incurred an unrealized loss exceeding $1.074 million. Following the flash crash event earlier today, the address has become the second-largest SKHX holder on Hyperliquid, as most previous top positions were liquidated or faced automatic deleverage.
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