SK Hynix short-squeeze主力 created a $14.45 million TWAP buy order, planning to cover short positions and then go long.
7x24h News
SK Hynix short-squeeze主力 created a $14.45 million TWAP buy order, planning to cover short positions and then go long.
According to Hyperinsight’s monitoring, SK Hynix has risen 20.6% from its intraday low since Monday’s market open and continues its upward momentum today. Amid this sustained rally, a major shorting whale on the platform placed a $14.45 million TWAP buy order in the afternoon, aiming first to fully close its SKHYNIX short positions at stop-loss levels and then reverse to go long.
Navigating Web3 tides with focused insightsTechFlow news: According to Hyperinsight monitoring data, as of June 9, SK Hynix has risen 20.6% from its intraday low since market open on Monday and continues to gain today. Amid this sustained upward momentum, a major short-position whale on the platform placed a $14.45 million TWAP buy order in the afternoon, aiming first to fully close its SKHYNIX short positions at a stop-loss, then switch to taking long positions.
If this entire buy order is executed, its long position size is expected to reach $6.4 million, flipping the address from net short to net long—and making it the largest SK Hynix long holder on Hyperliquid.
