Tech Stock Continues to Decline, Forcing Longs to Retreat as 3 Whales Liquidate $7.26 Million Long Position

BlockBeats News, July 24th, according to Hyperinsight monitoring, as of the time of reporting, SK Hynix, Google, and the Nasdaq 100 were down by about 5.8%, 4.2%, and 1.9%, respectively.

During the midday hours, a total of 3 whales sold off their long positions, with a total transaction amount of approximately $7.2637 million, resulting in a realized loss of about $79,800:

The whale with an address starting with 0x960 cleared 167.0 units of Nasdaq 100 long positions, with a transaction amount of about $4.729 million, resulting in a loss of about $46,000;

The whale with an address starting with 0x943 cleared 1248.3 units of SKHX long positions, with a transaction amount of about $1.502 million, resulting in a loss of about $18,000, and then reversed to short $225,700 worth of SKHX;

The whale with an address starting with 0x61c cleared 3262.0 units of GOOGL long positions, with a transaction amount of about $1.032 million, resulting in a loss of about $14,000.

Among them, only the GOOGL transaction can be confirmed to have been triggered by a $317 stop-loss order, while the rest were actively closed at a loss.