Smart money closed SK Hynix long positions and exited, currently still holding Micron positions with an unrealized loss of $656,000.
According to on-chain analyst Ai Yi (@ai_9684xtpa), the smart money address that previously accumulated profits of over $5.293 million in US stock long/short trading has closed its SK Hynix long position and exited this morning. The address sold 8,400 SKHX at $1,510.3 at 08:22, ultimately ending with a small book loss of $344; if funding fees are included, the actual loss is approximately $97,000. Compared to the previous unrealized loss that once reached $1.64 million, the loss has narrowed significantly.