Storage Whale Suffers 50% Loss on SK Hynix Trade

Whale address 0x1829 incurred a $557k loss after selling SK Hynix near lows, missing a subsequent 30% rally. The trade erased prior profits despite a 95% historical win rate.

Woofun AI data shows that whale address 0x1829, which maintained a 95% win rate across 20 prior storage-sector trades, suffered a significant loss on SK Hynix (SKHX). The entity accumulated 558.75 shares at an average cost of $1,810.43, investing approximately $1.012 million. Despite holding through initial declines, the whale exited all positions via market order on July 29 at roughly $902.60, just before the asset hit a low of $879.40. This exit resulted in a net loss of about $557,000. SKHX has since rallied to $1,169.40, representing a 29.6% increase from the sale price. The address has not re-entered the market.