SK Hynix Nasdaq listing sparks $4M SKHX long position on Hyperliquid

HuoXing Finance reports that, on June 24, according to Hyperinsight monitoring, SKHX’s 24-hour trading volume on Hyperliquid reached approximately $360 million, with a post-market price increase of about 2.27%. On the news front, SK Hynix plans to raise around $29 billion through a Nasdaq ADR listing, which the market interprets as a positive catalyst to expand its investor base and support AI chip production capacity. Within 10 minutes of this news release, two large whales on Hyperliquid sequentially opened six-figure long positions in SKHX, totaling $4 million. Specifically: The smart money address 0xe1d began accumulating positions less than one minute after the news was first published (15:50), when the price was at $1,686. It continued to add to its position, and currently holds a 10x leveraged long position of 1,324.9 contracts, valued at approximately $2.28 million, with a small unrealized profit already recorded. Data shows that on-chain SKHX open interest remains bearish overall, with short positions at approximately $79.07 million and long positions at approximately $40.99 million—shorts are roughly 1.93 times the size of longs. Address: 0xe1d39d2b30da977d470e0652239372b7ad4b7766