Hyperliquid’s Largest SKHX Short Position Grows to About $6.1 Million in Unrealized Profit

On July 28, a blockchain analyst tracking on-chain activity said the largest SKHX short address on Hyperliquid had seen its unrealized profit expand to about $6.1 million after SK hynix shares fell sharply. According to BlockBeats On-chain Detection, the address opened a short on SKHX with an average price of $1,275.7 and a position size of about $40.5 million, while SKHX has now retreated to around $1,083.

The same address also shorted Brent oil (BRENTOIL) with an average price of $97.7 and a position size of about $19.15 million. Its unrealized profit on that position is currently about $2.43 million.