“Giant Whale Discovery”: 1 leading address shorts the fate-week of South Korean semiconductor stocks; Samsung and SK hynix’s positions are short with a total of 14.8 million USD at Hapda.

robot
Abstract generation in progress

BlockBeats news, July 6, according to Hyperinsight monitoring, a whale starting with 0x4c7 holds a total of 9 semiconductor-related positions on Hyperliquid, with a total notional size of approximately $36.45M. Among them, two short positions on Korean semiconductor stocks—Samsung Electronics (SMSN) and SK Hynix (SKHX)—total approximately $14.84 million, currently making it the largest short seller of SKHX.

On the news front, this week marks a dense event window for Korean semiconductor stocks: Samsung Electronics will announce its preliminary Q2 results on July 7, SK Hynix's ADR will be listed in the US on July 10, and the Fed's June meeting minutes will be released at midnight on July 9 (Beijing time). Some Korean media have referred to this week as the "week of destiny" for their semiconductor industry.

The current two shorts are as follows:

SKHX short (4x isolated): size approximately $10.87M, average price $1,461.06, current price approximately $1,534.90, liquidation price $1,854.69, floating loss approximately $523k (-20.2%);

SMSN short (4x isolated): size approximately $523k, average price $201.54, current price approximately $207.54, liquidation price $251.85, floating loss approximately $115k (-11.9%).

It is reported that although Korean stocks fell today, the address has not yet turned profitable. This afternoon, it continued to slightly increase the Samsung short by approximately $182k, and currently no public open orders are visible.

-HyperInsight Bot is now online. Add @HyperInsightBot to your TG community and set it as an admin (requires enabling message sending permission) to automatically sync on-chain information.

SAMSUNG-0.47%
SKHY-6.11%
SKHYNIX-4.27%
View Original
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