Hyperliquid Giant Whale: SKHX Surge Forces Out Today's Largest Margin Call; Short-Selling Giant Whale Suffers a Forced Liquidation of $5.54 Million and Rebuilds Positions
2026-07-31 12:16:13
According to CoinMeta, SKHX saw a significant rebound today. A whale investor with accounts starting with 0x890 encountered a short position liquidation at 8:02 AM, resulting in the largest single liquidation in the entire network to date. Data shows that this whale investor was forced to close 4,892.6 short positions in SKHX in a short period of time, with transaction prices ranging from $1,126 to $1,140, and the average closing price being around $1,133.6. The liquidation amounted to $5.547 million, with a loss of approximately $866,000. At the time of the liquidation, the price of SKHX had risen to $1,146.5, and prices continued to climb thereafter. As of press time, SKHX was trading at $1,152.5, representing a 23.4% increase for the day, with 24-hour trading volume of about $1.558 billion, and an outstanding contract value of around $451 million. Despite the liquidation, just 17 seconds after its original short positions were cleared, this whale investor reopened short positions in SKHX. Currently, they hold 770 short positions in SKHX with a tenfold leverage, valued at about $887,000, an average entry price of $1,147.8, a floating loss of about $3,337, and a liquidation price of $1,249.99.
Source:Internet
This content is for market information only and does not constitute investment advice.
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