SK Hynix has announced it plans to list in the United States on July 10, targeting the Nasdaq, after previously disclosing a fundraising plan exceeding $29 billion. According to BlockBeats On-chain Detection, Hyperinsight monitoring showed the company formally released its U.S. listing timetable on June 25.
Market expectations tied to the listing helped lift SKHX by 14% intraday to $1,930. Trading volume reached $407 million, while open interest stood at $237 million.
Since the initial disclosure of the listing-related news last afternoon, 10 whale accounts on Hyperliquid opened positions in SKHX. Nine of them established long positions with a combined size of about $21.27 million, with an average entry price of about $1,797.8 and an unweighted average liquidation price of about $1,390.6. As prices strengthened, all nine long positions were showing unrealized gains.
Data also indicated that holders of large positions at the million-dollar level collectively accounted for about $140 million in exposure, with a long-to-short ratio of roughly 0.715. The overall average entry price for longs was about $1,672, compared with about $1,640 for shorts. The nearest short liquidation level was at $2,149, around $200 above the current price, suggesting rising pressure on short positions.
SK Hynix Sets Nasdaq Listing for July 10 as SKHX Rallies on Expectations
2026-06-25 06:04:23
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