A cryptocurrency whale initially secured a $770,000 profit by trading South Korean-listed SK Hynix, only to lose the gains after switching to US-listed SK Hynix. The whale opened a $30 million long position on the South Korean exchange at an average price of $1,411, closing it at $1,465. Subsequently, the whale invested $26 million in a long position on the US-listed SK Hynix at $174.6, but exited at $169.7, nullifying the earlier profit. The whale has now shifted focus to a $20 million long position in Nvidia.
Whale Loses $770,000 Profit After Switching SK Hynix Listings
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