Over the past 4 hours, SK Hynix led global liquidations, with 3 whales liquidating $14 million in long positions in a chain reaction

According to Hyperinsight monitoring, the rapid decline in SK Hynix's price triggered a chain liquidation of long positions. In the past 4 hours, total liquidations of SK Hynix US stocks and stock-linked contracts reached approximately $24.79 million, surpassing BTC and ETH to rank first globally. Among these, SKHX also recorded the largest single liquidation transaction worldwide during the same period.

This round of liquidations was primarily concentrated among 3 whale long positions. Over the past approximately 2 hours, three addresses triggered 10 forced liquidations in succession, with cumulative liquidation of approximately $13.95 million in long positions, resulting in realized losses of around $1.59 million. The liquidation price dropped from approximately $1,391 to $1,309, representing a decline of nearly 6% over the period.