Giant whale cuts positions: SK Hynix shorts are closed and Samsung Electronics shorts are increased; it still remains one of the main short sellers on the SKHYNIX platform.

Deep Tide TechFlow News, June 11th, according to Hyperinsight monitoring, the "buy high and sell low" whale (0x4c78...2444) who previously heavily shorted Korean semiconductor stocks reduced their SK Hynix (SKHYNIX) short position 7 hours ago, and increased their Samsung Electronics (SAMSUNG) short position 3 hours ago.

Currently, this address still holds approximately $9.44 million in SK Hynix shorts, with an unrealized profit of $357k; about $1.05 million in Samsung Electronics shorts, with an unrealized profit of $45k. Additionally, they hold short positions in MU, DRAM, COPPER, NVDA, MRVL, BB, and others, with a total position value of $24.24 million, 100% short exposure, and leverage of 3.71x. The address has made a profit of $3.09 million on perpetual contracts over the past week, with an unrealized profit of $569k.

This address remains one of the largest short sellers of SK Hynix on the platform.

Today, the Japanese and Korean stock markets opened sharply lower, with the Korea KOSPI index dropping over 4% at one point, Samsung Electronics down nearly 5%, and SK Hynix falling over 4%. Previously, SK Hynix rebounded on positive news from Nvidia collaboration, but its stock price is under pressure again. On the macro front, the US CPI for May surged to 4.2% year-over-year, hitting a three-year high, but Trump stated support for the new Federal Reserve Chair Waller's independent decision-making, and the market expects next week's rate decision to remain unchanged. The whale's rebalancing may be to avoid short-term rebound risks and continue betting on semiconductor sector underperformance.