Hyperliquid Whale closes $35.16 million SKHX multiple orders, resulting in a loss of $4.42 million

According to Hyperinsight monitoring, the Hyperliquid platform SKHX fell below $1500 due to the pullback in the AI and semiconductor sectors. SKHX's largest long position address 0x9dc closed all MU and SKHX long positions, with SKHX recording a realized loss of $4.42 million, becoming the address with the largest 24-hour drawdown in US stock trading on Hyperliquid. A week ago, the address was chasing the long position at an average price of $1803, with a position size of $35.16 million. At present, $17.8 million of funds at the address have been transferred to short positions, with a cumulative loss of $6 million in the past 7 days.