3 Whales Exit Long Positions with $7.26 Million in Losses, Tech Stock Sell-Off Forces Bulls to Retreat
According to Hyperinsight monitoring, within the midday hour, a total of 3 whales liquidated their original long positions. The total transaction volume was approximately $7,263,700, resulting in a realized loss of about $79,800:
- Address starting with 0x960 cleared 167.0 Nasdaq 100 long positions, with a transaction volume of about $4,729,000 and a loss of approximately $46,000;
- Address starting with 0x943 cleared 1,248.3 SKHX long positions, with a transaction volume of about $1,502,000 and a loss of approximately $18,000. Subsequently, the address opened a short position of $225,700 in SKHX;
- Address starting with 0x61c cleared 3,262.0 GOOGL long positions, with a transaction volume of about $1,032,000 and a loss of approximately $14,000.
Among these, only the GOOGL order can be confirmed as triggered by a stop-loss order at $317, while the others were voluntary loss-closing positions.
As of press time, SK Hynix, Google, and the Nasdaq 100 have fallen by approximately 5.8%, 4.2%, and 1.9%, respectively.
