BlockBeats News, July 13th, according to Hyperinsight Monitoring, SK Hynix's price experienced a rapid decline, triggering a cascading long position liquidation. In the past 4 hours, SK Hynix's US stocks and spot contract saw a total liquidation of approximately $24.79 million, surpassing BTC and ETH, ranking first across the network; among them, SKHX also saw the largest single liquidation across the network during the same period.

This round of liquidation was mainly concentrated on 3 whale long positions. In the past approximately 2 hours, 3 addresses successively triggered 10 forced liquidations, with a total liquidation of approximately $13.95 million in long positions, resulting in a realized loss of about $1.59 million. The liquidation price dropped from around $1,391 to $1,309, with a nearly 6% range.

As of the time of writing, one address (starting with 0x4b2) among the 3 whales has not yet been completely liquidated, currently holding about 687 SKHX long positions, with a nominal value of approximately $900,000, a position return rate of about -119%, a liquidation price of $1,292, less than $20 away from the current price, still in a high-risk liquidation zone.

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