SK Hynix just triggered a massive liquidation wave😬 .... $SKHX dropped below $930, triggering more than $80M in liquidations.
Trader 0xc985 was one of the casualties. His 2,026 #SKHX long, worth around $2.08M, was completely liquidated, leaving him with a $259,484.21 loss.
Another leveraged long got wiped out as SKHX pushed lower.
Address: 0xc985ffc27c59537c81e40e7b4fb3267fdaa9f97e
MILESTONE:
1,000 confidential transfers per second on GPUs.
A year ahead of our own engineering roadmap.
A breakthrough that came from better cryptography, better engineering and better hardware, compounding.
At less than $0.00005 per transfer, FHE is no longer the bottleneck for confidential finance.
Not on mainnet yet, activation planned for end of year.
Read more: zama.org/post/1000-tps-confidential-transfers-gpu-zama-protocol
Guys, I'm long on $PHAROS , and I shared this long setup with you earlier. As expected, the trade is playing out perfectly and buyers are staying in control.
Did you buy $PHAROS with me??? If you did, keep holding your position and enjoy the profits. The bullish momentum remains strong, and I'll continue updating you on the next move. 🤑