SK Hynix Largest SKHX Short Loses Half of Drawdown to $1.9M as Stock Falls on June 23

According to Hyperlinsight monitoring, the largest short position holder in SKHX (address 0x4c78...a2444) saw unrealized losses narrow from approximately $3.7 million to $1.9 million on June 23 as SK Hynix shares fell alongside other Korean semiconductor stocks. Despite being heavily underwater on the short bet accumulated since May with 4x leverage on 8,333 SKHX contracts, the address has generated over $750,000 in funding rate profits across its short positions. The SKHX position carries liquidation price of $2,041.06, providing a margin of safety above current levels.
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