Whale address places $30.44M in large orders across five top Hyperliquid assets

ChainThink said Aug. 4 that TradingBeats data shows a single address submitted six block-sized orders on Hyperliquid spanning five heavily traded assets—SKHX, MU, SNDK, SPCX and CXMT—totaling about $30.442 million in notional value. The only newly opened position is a SNDK buy order at $1,187. SNDK was trading around $1,292, with Q4 and full-year results due Aug. 5. On SNDK, address 0x0ad9 holds roughly $5.028 million in long exposure, placed a $2.5 million buy order at $1,187, and set a $5.435 million sell order at $1,397 to pare the position. For SPCX, address 0x0871 holds about $5.797 million in longs and placed a $7.65 million sell order at $153 to reduce exposure. SPCX was last at $115.98 after its first post-listing earnings release and the end of its lockup. Elsewhere, SKHX address 0x364a entered a position-reduction sell order of about $7.162 million, looking to exit near $1,305. MU orders tied to address 0x0ad9 include a $4.5 million sell intended to cut the position by roughly 47.3%. CXMT address 0x934d placed an approximately $3.195 million sell order at $12.5, covering the entire position.