🚨 SK HYNIX IS CRASHING. AND THE SHORTS ARE PRINTING MILLIONS. SKHX just dropped 10% in a day. The cause? China's CXMT. CXMT exploded 466% on its Shanghai debut Monday, hitting a $483 BILLION valuation and instantly becoming a top 4 DRAM maker. The whole memory sector got dragged down. Samsung down 13%. SanDisk down 12%. Micron down 5%. On Hyperliquid, the biggest SK Hynix short is up $10.5 MILLION.
CryptoGoosShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.