SK Hynix Plans to List on Nasdaq: Whale Builds 90% Bullish Position Within a Day, $21.27 Million Long Position All in Profit

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Deep Tide TechFlow News, June 25 — According to Hyperinsight monitoring, SK Hynix officially announced today its U.S. listing timeline, planning to debut on Nasdaq on July 10. Previously, yesterday afternoon the company had disclosed a fundraising plan of over $29 billion.

Boosted by listing-related expectations, SKHX rose 14% intraday, currently reported at SKHX at $1,930, with intraday trading volume reaching $407 million and open interest at $237 million.

Since the initial disclosure of the news yesterday, a total of 10 whales have opened positions in SKHX on Hyperliquid, with 9 of them taking long positions, totaling approximately $21.27 million, with an average entry price of around $1,797.8 and an average liquidation price of about $1,390.6 (unweighted). As the price strengthens, all 9 long positions are currently in profit.

Market data shows that holders of large positions worth millions of dollars collectively hold about $140 million, with a long/short ratio of approximately 0.715. The overall average entry price for longs is about $1,672, while for shorts it is about $1,640. The nearest short liquidation line is at $2,149, only about $200 away from the current price, increasing pressure on shorts.

SKHYNIX9.46%
HYPE-1.44%
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