Silent Whale Lurking in Ambush Strikes Twice, Samsung and Micron Earnings Reports Hit, Over 2 Million Individual Tokens Yield Nothing

July 30th, according to Hyperinsight monitoring, the address starting with 0x55b has been relatively quiet since June 26th, until shortly before the financial reports of two major Korean storage manufacturers.

On July 29th, this address started buying SKHX before SK Hynix's earnings report and continued to increase its position until after the report was released, accumulating a total of about $832,000 in additional holdings; on the same day, it bought about $509,000 worth of SMSN before Samsung's official earnings announcement. The total additional positions from both transactions amounted to about $1.341 million, with both clearly taking advantage of the window around the financial reports.

However, despite the rebound in the stock prices after both earnings reports, this accumulation of long positions has not yet generated any actual profits.

As of writing, the address holds approximately $1.247 million in long positions on Samsung Electronics, with an unrealized gain of about $60,300; at the same time, it holds around $970,000 in long positions on SK Hynix, with an unrealized loss of about $64,600. The total positions from both transactions amount to around $2.217 million, resulting in a net unrealized loss of about $4,300.

The earnings from the Samsung positions have been mostly offset by the losses from the Hynix positions. As the prices fluctuated during the trading day, the address shifted from a brief profit back to a loss; currently, there are no visible take-profit or stop-loss orders for these two positions.