This whale nailed the rebalancing rhythm—SK Hynix just showed a small unrealized gain and then cut its position; immediately after that, it went the other way and increased its short on Samsung. In just one week, it made a staggering $3 million. As expected, today the stock markets in Japan and South Korea have crashed.

Coin World News: A whale (address: 0x4c78...2444) reduced its SK Hynix short position 7 hours ago and increased its Samsung Electronics short position 3 hours ago. Currently, this address still holds about $9.44 million in SK Hynix short positions, with an unrealized profit of $357,000; about $1.05 million in Samsung Electronics short positions, with an unrealized profit of $45,000. In addition, this address has a weekly perpetual contract profit of $3.09 million, with an unrealized profit of $569,000. Today, the Japanese and South Korean stock markets opened sharply lower: South Korea’s KOSPI index at one point fell by more than 4%, Samsung Electronics fell by nearly 5%, and SK Hynix fell by more than 4%.