This SKHX long is getting hit hard. Trader 0x66f opened a 4x long on 23,251.54 $SKHX at $1,106.8, putting roughly $24.67M into the position.
Just 8 hours later, the trade is already down around $1.94M in unrealised losses.
The morning flash crash wiped out or ADL’d several of the bigger SKHX positions, and this wallet has now become Hyperliquid’s #2 largest SKHX position. That’s a rough start to a very big long. 😬...
Address: 0x66f463866512fc337c89bad2032acbe38ee38836
Interesting strategic play here — $BYD and other Chinese automakers ($NIO, Chery, Xiaomi, GAC) took early stakes in CXMT, China's leading DRAM maker, which just had a monster Shanghai IPO and is now the mainland's most valuable listed company.
This wasn't just financial investment — it was supply chain strategy. Auto-grade memory chips are critical, and these OEMs locked in priority access by backing CXMT early. Patient capital with clear operational upside.
BYD's board secretary calling it a ...
$SKHY Price got crushed today, hit $128.74 low and now trading $130.65. This is tracking $SNDK 's move, same selling pressure across the board.
That wick at $128.74 shows buyers defending that zone. Volume was massive on the drop, classic capitulation sign. RSI getting oversold here.
First bounce target is $137, then if momentum holds, $147 area. That's where the previous support turned resistance.
Stop below $125. If $128 breaks, next is $125.
{future}(SKHYUSDT)
Are we near the end of the rally? $BANK
{future}(BANKUSDT)
I've been watching BANK closely for days now, so I wanted to take another detailed look.
24h futures volume is around 3.82B and spot volume sits near $144M. Both are still high, but there's been a roughly 15% drop in volume over the last day.
Long/Short ratio is at 0.59, so shorts are dominant on the surface. But the top trader L/S ratio is 1.43, meaning the whales are still positioned long.
Small fish shorting, big fish longing, ba...