South Korea’s semiconductor sector recovered in afternoon trading after earlier declines, as investor concerns eased over the scale of a previously discussed investment plan. According to BlockBeats On-chain Detection, Hyperinsight monitoring indicated that the market’s feared 2,000 trillion won investment plan ultimately materialized as a semiconductor project of about 800 trillion won, reducing perceived capital expenditure pressure and softening risk-off sentiment.
On Hyperliquid, SK Hynix’s 1H contract rose as much as 4.5% at one point, last quoted at $1,730, while Samsung Electronics rebounded 2% to $214.
On-chain data showed that large holders’ long positions in the two assets had average entry prices of $1,608 and $217.3, respectively. Samsung Electronics was trading below the long whales’ average price level.
South Korea’s Semiconductor Stocks Rebound as Investment Plan Scales Down
2026-06-29 06:34:18
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