「Whale Discovery」: One Whale Address Shorted South Korean Semiconductor Stocks During "Fateful Week," Samsung and SK Hynix Short Positions Totaling $14.8 Million

BlockBeats News, July 6th, according to Hyperinsight monitoring, a whale with the address starting with 0x4c7 holds a total of 9 semiconductor-related positions on Hyperliquid, with a total notional value of approximately $36.448 million. Among them, two South Korean semiconductor short positions in Samsung Electronics (SMSN) and SK Hynix (SKHX) total approximately $14.84 million, with SKHX currently holding the largest short position.

On the news front, South Korean semiconductor stocks are entering an eventful period this week: Samsung Electronics will announce its preliminary second-quarter results on July 7, SK Hynix ADR will be listed in the U.S. on July 10, and in the early hours of July 9 (Beijing time), the minutes of the June Federal Reserve meeting will be released. Some South Korean media have referred to this week as the "fateful week" for their semiconductors.

The details of the current two short positions are as follows:

SKHX Short Position (4x leverage): Approximately $10.865 million, average price $1,461.06, current price around $1,534.90, liquidation price $1,854.69, unrealized loss of about $523,000 (-20.2%);

SMSN Short Position (4x leverage): Approximately $3.974 million, average price $201.54, current price around $207.54, liquidation price $251.85, unrealized loss of about $115,000 (-11.9%).

It is reported that despite the decline in South Korean stocks today, the address has not yet turned a profit. In the afternoon, there was a slight additional short position in Samsung of approximately $182,000. Currently, no open orders have been observed.

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