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📉Southern Double Long Hailix ETF drops more than 26.53% intraday; over the past 4 hours, SK Hailix liquidations top the entire network; 🇰🇷 South Korea’s KOSPI Composite Index intraday decline widens to 7%
On July 13, according to market data, the Southern Double Long Hailix ETF fell more than 21% intraday, trading at HK$65.68, down 26.53% from the previous trading day. The ETF previously tracked the rapid rise in Hailix shares, which surged to around HK$193.65 in June; afterward, it continued to retrace, and the current price has fallen more than 60% from its peak.
In addition, 💥 over the past 4 hours, SK Hailix U.S.-listed shares and common share contracts saw cumulative liquidations of about $24.79 million, surpassing $BTC and $ETH , ranking first across the entire network.