According to Bieijie News, whale “allegraseam” transferred $20.32 million USDC to HyperLiquid half an hour ago, and opened a long position worth $22.8 million in SK Hynix (SK Hynix) at a price of $1,480. The day before yesterday, another whale opened a long position worth $30 million in SK Hynix US stock ADR at $1,411; it was priced at $149, corresponding to a Korean stock price of $1,490. The current price is also around this level.

USDC-0.01%
SK Hynix-0.27%
SKHYNIX-1.03%
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
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
FragmentGlowFlower
· 4h ago
A long position of $22.8 million, where should the liquidation line be drawn? Just curious.
View OriginalReply0
BlueMultisig
· 5h ago
This whale really dares to go for it — opened a long at 1480, bold enough.
View OriginalReply0
PaperfoldDao
· 5h ago
1411 the day before yesterday, 1480 today—70 bucks difference over two days. The cost control is acceptable.
View OriginalReply0
DaoAfterparty
· 5h ago
SK Hynix's institutional bets this round are quite interesting. Has the semiconductor cycle bottomed out?
View OriginalReply0
CliffsideAncientPineAndRolling
· 5h ago
US ADRs and Korean stocks are co-moving, and the arbitrage spread has essentially been eliminated.
View OriginalReply0
SandwichBlockSam
· 5h ago
20.32 million USDC entered, HyperLiquid's liquidity is indeed attractive.
View OriginalReply0
  • Pinned