A whale faces an unrealized loss of $447,000, having opened a 2x full-margin long position on 6,440.6 SKHX tokens and placed orders to exit the position

Odaily News: According to monitoring, a whale currently holds a 2x full-margin long position on 6,440.6 SKHX tokens, with a position value of approximately $7.625 million and an average entry price of $1,253.3. SKHX is currently trading at $1,183.8, leaving the whale with an unrealized loss of approximately $447,000, representing a return of approximately -11.1%. The whale has placed two sell orders to reduce the entire position, with a combined notional value of approximately $8.279 million based on the order prices: a sell order of 4,767.8 tokens at $1,254, worth approximately $5.979 million, covering 74% of the position; and a sell order of 1,672.7 tokens at $1,375, worth approximately $2.3 million, covering the remaining 26% of the position. The first order price is 0.06% above the average entry price and 5.9% above the current price; the second order is 16.2% above the current price. These orders were placed intensively on the evening of August 13. If all are filled, the whale will have fully exited its SKHX long position.