SK Hynix Sees Strong 17% Rebound from Low, SKHX Trading Volume Surpasses $880 million on Hyperliquid

BlockBeats News, July 3rd, according to Hyperinsight monitoring, SK Hynix's stock price has seen a sharp rebound from this morning's low point, surging by as much as 17%. On Hyperliquid, SKHX is currently trading at $1571, with a 10% increase in the past 24 hours. Trading activities have experienced significant volatility, with inflow of dip-buying funds and passive liquidation triggered by large stop-loss orders. The 24-hour trading volume has skyrocketed to $880 million, but the open interest has decreased to $250 million, falling back to $25.5 million in the past hour.

Currently, the on-chain funding rate still shows an overall bearish trend. The largest position opened in the past 24 hours was a long position of $5.02 million with 10x leverage, entered at an average price of $1558, with a liquidation price of $1443.

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