South Korean stocks closed up 3.81%; the contract reversed after hitting 1115: Lao Niu opened a short near 1104
The SK Hynix perpetual contract is hovering near 1104, and Lao Niu opened a short here. According to contract market data, it rose nearly 4% in 24 hours, touching 1115 intraday before pulling back. But contract data shows that two accounts saw their open interest fall by 2% to 4% over the day, while long accounts still made up 60% to over 70%. South Korean stocks have already closed, and with no spot market support overnight, this latest surge is especially vulnerable to a sell-off. The chip theme is hot right now, so Lao Niu is only willing to take a small position on this short.
$SKHYNIX #币安恢复28种法币提现
The SK Hynix perpetual contract is hovering near 1104, and Lao Niu opened a short here. According to contract market data, it rose nearly 4% in 24 hours, touching 1115 intraday before pulling back. But contract data shows that two accounts saw their open interest fall by 2% to 4% over the day, while long accounts still made up 60% to over 70%. South Korean stocks have already closed, and with no spot market support overnight, this latest surge is especially vulnerable to a sell-off. The chip theme is hot right now, so Lao Niu is only willing to take a small position on this short.
$SKHYNIX #币安恢复28种法币提现
