SK Hynix drops 4.4% intraday, two whales open a $3.3 million long position in SKHX for a short period

BlockBeats News, July 6th, according to Hyperinsight Monitoring, SK Hynix continued to fall during the South Korean stock market trading session. On the Hyperliquid platform, SKHX is currently trading at $1540, witnessing a 4.4% intraday decline.

After the market opened today, two whales completed their accumulation, opening a total long position of $3.3 million in SKHX, with average prices at $1613 and $1598 respectively, both currently slightly underwater. Among these two whales, the most recent liquidation line is at $1513.5, less than $20 away from the current price.

In terms of news this week, Samsung is set to announce its preliminary Q2 earnings, the minutes of the July 8th Fed meeting will be released, and SK Hynix's ADR pricing and listing are expected on Friday, described by the Korean media as the "Week of Destiny" for its semiconductor business.

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