Bullish
Five SKHX Whales Liquidate $19M Longs, One Shorts $6.35M
2026-07-30 16:01:15
Five large SKHX holders closed $19.05M in longs with $171K loss. One address flipped to $6.35M short, gaining 16.5% as price drops 8.2%.
Woofun AI data shows that five high-value SKHX traders closed their long positions following a sharp price decline. Four addresses fully exited, while the wallet starting with 0x54c reversed from long to short. These five entities executed approximately 19,500 SKHX sell orders totaling $19.05 million, incurring a combined loss of $171,000.
The 0x54c address added 2,000 SKHX shorts, bringing its total short position to 7,000 SKHX with 5x leverage. This position is valued at $6.359 million with an average entry of $939.5. With SKHX trading at $908.5, the short holds an unrealized profit of $217,000, representing a 16.5% return and a liquidation price of $1,454.8..
WOOFUN AI
Impact Assessment · Quick Read
The coordinated exit of major long positions signals weak support near current price levels. The significant short accumulation by a single whale suggests aggressive bearish sentiment, potentially increasing downward pressure if prices remain below $940. High open interest relative to volume indicates elevated leverage risk, which could trigger further volatility if the short position is unwound or if liquidations cascade.
Generated by WOOFUN AI · For reference only, not investment advice
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