AiCoin data shows that SNDK has fallen below $1680 in the short term, with a intraday decline of 7.38%, but the top short position 0xefe4... 194b still has a floating loss of over $3.5 million.
According to tracking, from August 15th to 17th, the address remained vacant for three consecutive days, with a total increase in holdings of 5880.93 SNDK and an investment of 9.85 million US dollars.
As of now, the whale holds a total of 17200 SNDK short positions worth $28.87 million, with a cost of $1475.09 and a floating loss of approximately $3.52 million (-13.885%).
It is worth noting that the address is also the largest GOLD long position on Hyperliquid, with a holding value of 56.21 million US dollars and a floating profit of approximately 2.67 million US dollars. In addition, it also holds empty positions such as MU, CRWV, PLTR, etc.
At present, the GOLD position at this address is generating profits to hedge against losses from short positions in storage stocks.
Address: 0xefe4c06b6d310978beam596e1798a4fc1d9d194b
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