Whale Seizes $3.8M SKHYNIX Long on June 8, Posts $140K Gain as SK Hynix-Nvidia Deal Emerges

According to BlockBeats, citing Hyperinsight monitoring data, a whale on Hyperliquid entered a $3.8 million leveraged long position in SKHYNIX on June 8 at 7:50 a.m. UTC, with 2x leverage, just as news of a multi-year Nvidia-SK Hynix partnership began circulating. The position was opened at approximately $1,200 per token, before the market had fully absorbed the deal.

As the partnership news continued to develop, the whale added to the position, raising the average entry price to $1,239. SKHYNIX subsequently rallied to $1,300, generating an unrealized gain of $140,000 for the address at the time of reporting.