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A certain news trader aggressively went long on SK Hynix on the news of its US financing, opening a position within 1 minute and increasing it to $2.28 million.

BlockBeats News, June 24th, according to Hyperinsight monitoring, the 24-hour trading volume of SKHX on Hyperliquid was approximately $360 million, with a post-market increase of about 2.27%. On the news front, SK Hynix plans to raise about $29 billion through a Nasdaq ADR listing, a move seen by the market as a positive catalyst to expand the investor base and support AI chip production capacity.


Following the announcement, within 10 minutes, two whales on Hyperliquid successively opened million-dollar SKHX long positions, with a total size of $4 million. Specifically:


The whale address 0xe1d began building its position less than 1 minute after the news was first released (15:50), with the price at that time at $1686. Subsequently, it consistently added to its position and is now long 1,324.9 contracts with 10x leverage, worth approximately $2.28 million, currently showing a slight unrealized profit.


Data shows that the on-chain SKHX whale holdings still lean bearish, with a short position size of around $79.07 million and a long position size of about $40.99 million, making shorts about 1.93 times larger than longs.


Address: 0xe1d39d2b30da977d470e0652239372b7ad4b7766

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