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Four Accounts Open SKHX Longs With $5.56 Million in Transaction Value

The accounts entered at a weighted average of $901.67 and held positions valued at about $5.93 million at the update.

Four silicon wafers rest at ascending heights on a pale stone platform / TokenPost.ai
Four silicon wafers rest at ascending heights on a pale stone platform / TokenPost.ai

Four accounts opened 6,167.847 units of SKHX long positions since Oct. 16, with about $5.56 million in transaction value as the contract traded above their weighted average entry price.

SKHX is a contract linked to shares of South Korea’s SK海力士. The accounts entered at a weighted average of $901.67, with individual entry prices ranging from $895 to $912.76.

At the time of the update, SKHX traded at $960.75, about 6.6% above that weighted average. All four accounts still held long positions worth more than $1 million each.

The positions had a combined value of about $5.93 million and carried roughly $364,400 in unrealized gains. Those gains reflected positions the accounts still held.

In an earlier SKHX selloff, three large long accounts closed about $3.88 million in positions and realized roughly $887,000 in losses.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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