Bullish
SKHX ADL Shorts Profit $6.96M While Three Addresses Lose $4.73M on Hyperliquid
2026-07-28 15:10:25
Three Hyperliquid addresses profited $6.96M from SKHX ADL shorts, while three others lost $4.73M during the token insertion incident.
Woofun AI data shows that three Hyperliquid addresses generated a combined profit of $6.958 million after triggering Auto-Deleveraging (ADL) to short SKHX. One address realized $2.185 million from 4,510 SKHX, another gained $2.55 million from 5,920 SKHX, and the third earned $2.223 million from 6,010 SKHX. All three ADL events occurred at 07:01 as prices dropped sharply before recovering. Conversely, three other addresses faced liquidation losses totaling $4.7263 million during the Hynix token insertion mishap.
WOOFUN AI
Impact Assessment · Quick Read
The simultaneous ADL triggers and liquidations highlight extreme volatility and leverage concentration around the SKHX listing. Profits for shorts exceeding losses for longs suggests aggressive hedging or speculative shorting activity during the initial price discovery phase. This event underscores the systemic risk of cascading liquidations on perpetual DEXs like Hyperliquid during high-impact token insertions.
Generated by WOOFUN AI · For reference only, not investment advice
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