🚨SK Hynix rockets up 10% to top the list as Korea’s stock king! The biggest short is floating a loss of $2.66 million yet still stubbornly holds — at 1825, is it a long feast or a short trap?


Is good news already sold as bad news? Even with a $2.66 million loss, they’re still adding positions — this isn’t foolishness, it’s a plan.
Today, SK Hynix was boosted by a 346% surge in Micron’s earnings report, sending the share price to rise by more than 10% at one point to 2.846 million KRW. At the same time, it announced plans to issue ADRs in the US to raise $29 billion, and its market value officially surpassed Samsung to become South Korea’s #1. The perpetual contract price reached 1825; after a massive surge over the past two days, it has already recovered all the ground lost in Tuesday’s sharp drop.
But on the 1-hour chart, the price was violently pushed from 1781 to 1825. Although bullish momentum is strong, the MACD histogram value has begun to shrink — the early form of a bearish divergence is showing.
The Smart Money overview shows longs at 36.29 million USDT (77% in profit), and shorts at 25.34 million U (only 23% in profit).
The long with the largest floating profit is precisely the one most eager to take profit.
More importantly, on-chain data reveals that SKHX’s largest short’s floating loss has expanded to $2.66 million. The position size is 14.83 million U, and the liquidation price is as high as 2101.
This address prefers topping out and shorting; even with a monthly loss of $6 million, it still won’t back down. This isn’t a retail trader — it’s a real big short setting up the battlefield.
The liquidation map shows that the liquidation intensity is evenly distributed in the 1601–2035 range for both longs and shorts. Once the price accelerates in either direction, it will trigger a chain reaction. 1825 sits right at the upper edge of the dense position zone — the showdown between bulls and bears is about to ignite.
Trading idea: Conservative traders wait for a pullback around 1750-1722 to go long;
Aggressive traders test a short around 1936.7-1920.2. Fundamentals are unbeatable, but the risk of chasing highs in the short term is extremely high. Are you going to use the chase higher as fuel, or wait for the pullback?
#BTC下探60000美元关键关口 #美光财报超预期盘后大涨 $MU $SKHYNIX $SPCX
MU11.54%
SKHYNIX9.95%
SPCX-1.12%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned