$1896 caught up with SK Hynix and fell to $879, daring to spend another 7.8 million U. Now, this single profit is 3.4 million U Address: 0x053fa362f5459cf61037d8b554b5cfb05a7a4d3 This is the most profitable address for SK Hynix that I have scanned so far. There are a total of 45164 accounts on the Hyperliquid leaderboard. I rotated 2000 candidates based on account size, profitability, ROI, and transaction volume, and found 94 addresses that still hold xyz: SKHX. This account has a floating profit of approximately 3.398 million U, ranking first in the sample, with only about 964000 U in second place However, he didn't buy it very accurately from the beginning. On June 16th, he bought 683 SK Hynix shares near 1610; Four days later, the price rose to 1896 and 565 copies were sold. Later on, the stock price turned downwards, and he filled his positions from 1400, 1289, and 1200, with his position increasing as he fell. On July 29th, SK Hynix hit as low as 879.4, with over 4460 orders in his hands at that time. According to the position by position and hourly candlestick calculation, there was a floating loss of approximately 2.49 million U on the book at one point Most people carrying this up should be thinking of rebounding and running quickly. His choice is exactly the opposite. From July 29th to 30th, he bought 8238 positions continuously around 905-960, with an average purchase price of about 946.98 US dollars, and invested about 7.8 million US dollars in two days. This batch of bottom buying positions accounts for 65% of the total positions now, and has also pushed the overall holding cost from high to 1119.60 US dollars Now he holds 12698 SK Hynix long orders, with a position value of approximately 17.61 million US dollars. As xyz: SKHX has risen by about 8.1% in the past 72 hours, the price has returned to around 1387, and the entire position has gained approximately 3.4 million US dollars. From a loss of 2.49 million US dollars at its worst, to a current gain of 3.4 million US dollars, it has flipped back and forth by nearly 5.9 million US dollars. What's even worse is that in the 90 days of visible transactions, he hasn't sold a single SK Hynix and his account hasn't set any take profit orders. After making a mistake in buying at a high position, there was no cutting, and after filling the low position heavy position, there was no rush to buy rice. The position remained in the market like this The resurgence of storage in the past few days is still due to the logic of HBM and storage price increases. The demand for high bandwidth memory in AI servers has not significantly decreased, and advanced packaging, customer authentication, and yield have made it difficult to increase supply arbitrarily. SK Hynix is more resilient than ordinary storage companies in this round of market trends, as the market is not only trading on the rebound of DRAM prices, but also on its leading position in HBM Of course, this kind of operation cannot be simply understood as' buying more and buying more will always come back '. He dared to invest 7.8 million U around $900 at the end of July, provided that the account still had sufficient funds and the estimated liquidation price was also suppressed around 686. If it were someone with insufficient funds, they may have already been liquidated before the logic is realized But this transaction does illustrate one thing: in situations where the underlying logic has not been falsified and the position can withstand it, sticking to it is sometimes more important than guessing every buying point correctly. He didn't buy beautifully the first few times, but what really changed the outcome was that when everyone was doubting the storage market, they dared to buy the largest position at the lowest position The most noteworthy moment now is when he first sold SK Hynix. After all, he hasn't taken 879 all the way since 1896, and now the floating profit has reached 3.4 million U. What price point does he have to wait for before he is willing to stop? Source: AiCoin Smart Money on the Chain Hyperliquid SK Hynix HBM Storage Chip Smart Money AiCoin