Data: A certain short seller's whale position in SK Hynix has lost more than the principal, with a floating loss of 1.6 million USD

According to monitoring by Hyperinsight, SK Hynix's stock price has been rising recently. On Hyperliquid, whales with positions over one million dollars in SKHYNIX (SK Hynix mapping contracts) are all short positions, currently all at a floating loss.

The whale with the deepest floating loss opened its position on February 20, shorting 3,394.6 SKHYNIX (approximately 4.36 million dollars) with 4x leverage, at an entry average price of 816 dollars and a liquidation price of 1,592 dollars. After holding the position for nearly 3 months, the current floating loss has expanded to 1.58 million dollars, with a loss rate of 119%, which is more than double its initial investment. As of the time of writing, the position has not been closed.

With SK Hynix having reached an all-time high, the contract on Hyperliquid is currently quoted at 1,299 dollars, and new shorts continue to enter the market, with the latest whale's entry average price at 1,250 dollars; the liquidation line for the nearest short address on-chain is at 1,451 dollars.