# Crypto Address With $31.92 Million in Profits Opens $3.38 Million SKHX Long By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/46175 Published: 2026-11-02T06:06:21.000Z Updated: 2026-11-02T06:06:21.000Z Section: Investing > The address closed about $720,000 in SKHX shorts and held roughly $3.05 million in longs after the trades. A crypto address with about $31.92 million in cumulative contract profits shifted its SKHX position from short to long, opening a roughly $3.38 million long after closing about $720,000 in shorts. After the trades, the address held about $3.05 million in SKHX longs at 1:01 a.m. ET (06:01 UTC) Monday, Nov. 2. It also closed about $788 in long positions during the same trading window. The $3.38 million figure is the value of the position opened, while $3.05 million describes the long exposure remaining after the trades. The cumulative profit figure covers the contract account's trading, rather than the value of this SKHX position. A short position gains value when the contract falls, while a long position gains value when it rises. SKHX is a Korean-share contract. TokenPost previously covered the same address's [SKHX short](), which was valued at about $30.23 million after an 18-minute trading window on Oct. 14; cumulative contract profits then exceeded $26 million. ## Links in this article - [SKHX short](https://www.tokenpost.com/news/investing/32192)