Svmuu News: According to Hyperinsight’s monitoring, during the midday hour, a total of three whales sold their existing long positions, with a combined trading volume of approximately $7.2637 million, resulting in realized losses of about $79,800:
- An address beginning with 0x960 liquidated 167.0 contracts of Nasdaq Composite 100 long positions, with a transaction value of approximately $4.729 million and a loss of about $46,000;
- An address starting with 0x943 liquidated 1,248.3 SKHX long positions, with a total transaction value of approximately $1.502 million and a loss of approximately $18,000, and subsequently opened a short position of $225,700 worth of SKHX;
- An address starting with 0x61c liquidated 3,262.0 SKHX long positions, with a transaction value of approximately $1.032 million and a loss of approximately $14,000.
Of these, only the GOOGL trade was confirmed to have been triggered by a $317 stop-loss order; the rest were actively closed at a loss.
As of press time, SK Hynix, Google, and Nasdaq Composite 100 were down approximately 5.8%, 4.2%, and 1.9%, respectively.
Three major investors cut their long positions worth $7.26 million; tech stocks continued to slide, forcing out the bulls
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