SKHX: Trader Loses $1.07M on Hyperliquid 4x Long

SKHX trader at address 0x66f...38836 opened a 23,251.544 token 4x long worth $24.67 million at $1,106.8 on Hyperliquid at 14:38 today and now sits on a $1.074 million floating loss after seven hours. The position became the exchange's second-largest SKHX holding once earlier longs were cleared during the morning 17.9% flash crash triggered by an anomalous SK Hynix order on the NXT pre-market. SKHX price prediction models and crypto market crash signals both flagged the liquidity-driven drop that also hit Binance via arbitrage flows.