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Whale Tracking: Two SKHX long traders that entered the market yesterday began taking profits, totaling $1.2 million in gains.

1 hours ago

According to TradingBeats monitoring, as of press time, the two whales that together bought $17.808 million worth of SKHX yesterday have all turned a profit. The address starting with 0xc8b5 fully took profits after adding to its position, while the address starting with 0x519c continued adding to its position this morning. The 0xc8b5 address bought SKHX at an average price of $1,310.92 at 12:00 yesterday, completing an initial position build of around $13.096 million. It then added to its holdings, and by last night had accumulated 12,858.87 SKHX tokens, bringing its total position to roughly $16.9 million with an average entry price of $1,314.26. At 8:18 this morning, the address began taking profits in batches, and fully closed out its position at 10:12, selling at an average price of $1,377.96. From initial entry to full exit, the trade took approximately 22 hours, generating a profit of around $819,100. The other whale address, 0x519c, bought SKHX at $1,292.70 yesterday for around $4.712 million. At 7:00 this morning, it added to its position at $1,323.73, investing an additional $1.109 million. Currently, 0x519c still holds 4,483.04 long SKHX contracts, with an average entry price of $1,298.50, position value of around $6.203 million, and unrealized profit of roughly $382,000 (+38%). Prior update: Two new large orders for SKHX today, with whales totaling $17.8 million in long positions. Addresses: 0xc8b527864ef2ad6dc49de7e99943a3a76ad488910x519c721de735f7c9e6146d167852e60d60496a47

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