A smart money address gradually took profits on long positions in SK Hynix, with estimated gains exceeding $320,000, and simultaneously opened short positions.

According to Odaily, on-chain analyst Ai Yi has monitored that the smart money account yixie10, which previously profited over $6.5 million from the AI sector, does not appear optimistic about a certain exchange’s performance after its official listing on the US stock market. The account is gradually taking profits on its long positions: it has placed a TWAP take-profit order for 10,518.6 SKHX at the $1,496.5 price level (about $15.74 million), which is being executed and is expected to yield more than $320,000 in profit. At the same time, it also plans to open short positions: if the exchange surpasses $1,598.8, it will open a short position worth $8.66 million.