$31 million: an address opens a 4x long position on 31,968.24 SKHX

Odaily reports: According to on-chain analyst Ai Yi, an address added 1.817 million USDC as margin to Hyperliquid 20 minutes ago. It then opened a 4x long position on 31,968.24 SKHX, valued at $31 million, at an entry price of $981.91. The position is currently showing an unrealized loss of $401,000.