Whale Tracking: Smart money chased the rally in SKHX yesterday, locking in $2.5 million in profits and has placed $47.6 million in take-profit orders.
46 minutes ago
According to TradingBeats monitoring, SKHX is currently trading at $1,240, up roughly 7.8% in the past 24 hours. The "smart money" address that chased to buy SKHX yesterday now holds 35,600 long positions, worth approximately $44.205 million at an average entry price of $1,168.2, with unrealized profit rising to around $2.559 million, an increase of $1.191 million from yesterday’s tracking. About 80 minutes before the U.S. stock market closed this morning, this whale placed 100 "reduce-only" sell orders in bulk, planning to sell nearly all its positions at $1,320 to $1,350, with a weighted average sell price of roughly $1,335 and a nominal value of about $47.591 million. If all orders are executed, the gross profit from this round of long positions would be approximately $5.946 million. Currently, the cumulative sell orders for SKHX in the $1,330 to $1,350 range total around $48.828 million, of which roughly $32.006 million comes from this whale, accounting for about 65.5% of the sell wall in this interval. Meanwhile, the additional buy orders the address retained yesterday in the $1,162.6 to $1,170 range have all been canceled, shifting its trading strategy from "continue buying on dips" to "lock in gains on rallies". This address just realized a profit of approximately $1.952 million from its previous SKHX trade; combined with the current unrealized profit, the total profit from its last two rounds of SKHX trades is around $4.511 million. Previous update: After SKHX’s rebound, smart money abandoned waiting for a pullback, chased to buy back $43 million worth of SKHX and turned a profit again.
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