Svmuu News: According to Hyperinsight’s monitoring, SK Hynix’s price plummeted rapidly, triggering a series of forced liquidations of long positions. Over the past 4 hours, cumulative liquidations for SK Hynix’s U.S.-listed shares and underlying stock contracts totaled approximately $24.79 million, surpassing those of BTC and ETH to rank first across the entire network; notably, SKHX also recorded the largest single liquidation on the network during this period.
This round of liquidations was primarily concentrated among three whale-level long positions. Over the past two hours, these three addresses triggered 10 forced liquidations in succession, resulting in the liquidation of approximately $13.95 million in long positions and realized losses of about $1.59 million. The liquidation price fell from approximately $1,391 to $1,309, a decline of nearly 6% during that period.