SKHX rose about 4.6% over two hours around midday. A storage smart-money address, 0xc8b, had remained out of the market while placing 100 buy orders between $1,030 and $1,060, with plans to deploy about $20.9 million if prices pulled back. After SKHX began rebounding, the address canceled those lower orders and bought 35,600 SKHX after 11 a.m. for about $41.646 million, at an average price of approximately $1,168.20. The address now holds a fully invested SKHX long position (a bet on higher prices) worth about $43.014 million using 3x leverage, with an unrealized profit of about $1.368 million, a 9.9% return and a liquidation price of $636.70. It also retains two additional buy orders between $1,162.60 and $1,170, targeting another $2.074 million of purchases. The address closed a 26,600-SKHX long position the previous day at an average price of about $1,210.90, earning approximately $1.952 million, and has expanded its position size in the current round by about 34%.