TREE NEWS reports: An address with cumulative profits exceeding $25.79 million raised its SKHX short position from about $15.39 million to roughly $27.04 million between 08:06 and 09:00 on October 15, 2026, opening and adding about $12.58 million in shorts while closing $59,000 for a $5,050 profit. It also cut its SP500 short, closing about $3.18 million and opening roughly $400,000, realizing $6,277. Its SP500 short is now worth about $2.46 million, down from $5.24 million.
Address With $25.79M Profit Adds to SKHX Short, Position Hits $27.04M
AI take
The notable signal is the rotation: a wallet with a large realized profit record is nearly doubling down on SKHX while shrinking its SP500 short to a fraction of its former size. That asymmetry suggests conviction is concentrated in the single-name short rather than broad index hedging. The open question is whether this address keeps scaling SKHX or begins taking profit, since its SP500 trim already shows it is willing to close positions quickly.
Generated by AI for reference only.
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