Smart Money Trader’s Long Positions in SK Hynix-Linked Contracts Post Over $2.09 Million Unrealized Loss

A smart money trader identified as “Yu Yu and m” has recorded more than $2.09 million in unrealized losses from long positions in SK Hynix-related perpetual contracts, ranking first on the past three days’ loss leaderboard. According to BlockBeats On-chain Detection, the monitoring was reported on July 14 by on-chain analyst Ai Yi (@ai_9684xtpa). Data showed the trader held 7,462.68 SKHX with an average entry price of $1,477.89, posting an unrealized loss of $1.95 million. The trader also held 25,733.63 SKHY with an average entry price of $157.22, with an unrealized loss of $137,000. Despite the cumulative unrealized loss exceeding $2.09 million, the positions were described as having sufficient margin. The liquidation prices for the SKHX and SKHY positions were $756 and $27.59, respectively, indicating no immediate liquidation risk in the short term.