Missed Approximately $1.2 Million in Potential Profit: A Storage Whale Closed Out SKHX and SNDK Long Positions, Then Opened a 10x Short on SNDK

Odaily News: SK Hynix and SanDisk rose in tandem from last night to this morning. A whale address (0x0c4...) gradually closed out its long positions of 2,908.3 SKHX and 2,323.9 SNDK shares one day ago, realizing a total profit of approximately $186,000. Based on this morning's peak prices, if the positions had been held, the combined profit could have reached approximately $1.385 million — about $1.2 million more than the actual gains, meaning the missed profit was roughly 6.5 times the amount banked. SKHX was closed at an average price of $1,022.9, realizing a profit of approximately $17,000; it briefly rose to $1,207.4 this morning, resulting in approximately $537,000 in missed gains. SNDK was closed at an average price of $1,278, realizing a profit of approximately $169,000; it briefly rose to $1,563.3 this morning, resulting in approximately $663,000 in missed gains. The total exit value of the two positions was approximately $5.945 million. After the liquidation, SKHX and SNDK rose by up to approximately 18.0% and 22.3%, respectively, from their average selling prices. The whale has not re-entered long positions and has instead opened a 10x isolated short on 2,524.2 SNDK, with a position value of approximately $3.902 million, an average entry price of $1,553.2, an unrealized profit of approximately $18,000, and a liquidation price of $1,936.