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SK Hynix Stock Plunges Over 10%, Whale Suffers $3.21M Liquidation on Hyperliquid

Derivatives Data Price Volatility Stocks

2026-06-02 05:13:42

SKHYNIX-12.32%

According to BlockBeats, SK Hynix stock plunged over 10% on June 2 after surging in previous days, triggering sharp liquidations on Hyperliquid's SKHYNIX perpetual futures market. A major whale incurred two consecutive liquidations totaling 1,056 contracts worth approximately $3.21 million as the price broke below $1,567.

Undeterred, the whale reopened a leveraged long position with 10x leverage for 836 contracts, valued at approximately $1.28 million, with liquidation price at $1,449.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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