SK Hynix Plans Nasdaq Listing: Whales Build 90% Bullish Positions Within a Day; $21.27 Million Long Position Fully in Profit
TechFlow news: On June 25, according to Hyperinsight monitoring, SK Hynix officially announced its U.S. listing timeline, planning to list on the Nasdaq on July 10. Previously, the company disclosed yesterday afternoon a $29 billion IPO fundraising plan.
Boosted by listing-related expectations, SKHX rose 14% intraday, currently trading at $1,930; its intraday trading volume reached $407 million, with open interest totaling $237 million.
Since the initial announcement of this news yesterday, a total of 10 whales opened positions in SKHX on Hyperliquid: nine established long positions, collectively amounting to approximately $21.27 million, with an average entry price of roughly $1,797.8 and an unweighted average liquidation price of approximately $1,390.6. As prices strengthened, all nine long positions are now in unrealized profit.
Market data shows that large holders with positions exceeding $1 million collectively hold around $140 million, with a long/short ratio of approximately 0.715. The overall average entry price for longs is about $1,672, while that for shorts is about $1,640. The nearest short liquidation level stands at $2,149—only approximately $200 above the current price—indicating mounting pressure on short positions.
