A whale shorted Samsung Electronics and SK Hynix on Hyperliquid with 4x leverage, holding a position worth $13 million.

TechFlow News, June 09: According to Hyperinsight monitoring data, the Korea Composite Stock Price Index (KOSPI) surged again during intraday trading and triggered a circuit breaker. Samsung Electronics and SK Hynix continued their upward momentum, gaining 7.5% and 12.9%, respectively. SK Hynix led the gains, buoyed by positive news regarding its collaborative development of next-generation memory with NVIDIA; its share price rebounded above $1,400.

Amid this strong market recovery, a whale on the Hyperliquid platform initiated short positions during the rebound, consistently shorting SKHYNIX and SAMSUNG at 4x leverage near resistance levels; the total position size has reached $13 million. Specific holdings are as follows:

• SKHYNIX short: average entry price $1,418, liquidation price $1,628;
• SAMSUNG short: average entry price $207.1, liquidation price $246.8.

This address is currently the largest SK Hynix short seller on the platform and continues accumulating short positions as of press time.