Storage Stock Surges, Squeezing SKHX Bears, Unrealized Loss Reaches $4.08 Million

August 14, according to TradingBeats (formerly Hyperinsight) monitoring, in the current round of Storage Stock surge, the address starting with 0xebe has become the largest top short in SKHX open interest. It is currently shorting 34,600 SKHX with 10x leverage, with a position worth approximately $40.446 million, an average entry price of $1,051.9, a floating loss of approximately $4.078 million, a ROI of approximately -112.1%; the liquidation price is $1,720.7.

The surge did not prompt a reduction in its position. In the past 24 hours, its net short position in SKHX has increased by approximately 1,800.6 tokens; since yesterday, there has been a cumulative additional short position of 2,848.6 tokens.

The address is currently placing a regular sell order of 300 tokens at $1,174.7, planning to further increase the short exposure by approximately $352,000; at the same time, there is a regular buy order of 500 tokens at $1,164.2. Both orders are not "reduce-only" or stop-loss orders, and no public stop-loss orders are currently seen.

Data shows that the address has accumulated a loss of approximately $748,000 in the past 24 hours and approximately $7.613 million in the past 7 days, making it the largest short seller of SKHX.

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