SK Hynix to Debut on Nasdaq on July 10: Whale Trader Goes Long with 90% of Holdings, $21.27 Million Long Position in Full Profit

BlockBeats News, June 25th, according to Hyperinsight monitoring, SK Hynix officially announced today the timing of its U.S. listing, planning to debut on NASDAQ on July 10th. Yesterday afternoon, the company had disclosed a fundraising plan of over $29 billion.

Boosted by the listing expectations, SKHX surged 14% intraday, currently trading at $1930, with a daily trading volume of $407 million and open interest of $237 million.

Since the initial revelation of the listing yesterday, there are a total of 10 whales on Hyperliquid accumulating SKHX positions, with 9 of them holding long positions, totaling approximately $21.27 million, with an average entry price of around $1797.8 and an average liquidation price of about $1390.6 (unweighted). With the price rally, all 9 long positions are currently in unrealized profits.

Market data shows that holders of million-dollar positions hold a total of around $140 million, with a long/short ratio of about 0.715. The average entry price for long positions is around $1672, and for short positions is around $1640. The nearest short liquidation line is currently at $2149, only about $200 away from the current price, indicating increasing pressure from short positions.

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