SK Hynix-linked SKHX: Closed $2.96 million long position and switched to short

A trader address (0xfc667adba8d4837586078f4fdcdc29804337ca06) closed a $2.96 million long position in SKHX, a perpetual contract tracking SK Hynix ($000660) shares, and opened a new $520,000 short, according to contract records reported by Odaily at 12:04 p.m. KST on the 3rd. The remaining SKHX short position was valued at approximately $70,000 at the time of reporting. The same address also increased its short position in SILVER, a contract linked to silver prices, by 85,942 units. SKHX is a perpetual contract that follows SK Hynix's stock price, meaning the activity reflects derivatives positioning rather than direct stock trading. The outlet previously reported a case where an SKHX short position grew within an 18-minute window. Watch for whether this address continues adding to its silver and SK Hynix-linked shorts and whether similar rapid position buildups recur in these stock-linked perps.