Whale's $5.455 million Binance buy briefly sends SKHYNIX contract to $1,830

A whale trade on Binance briefly drove the SKHYNIX contract to about $1,830 after a single $5.455 million purchase, according to on-chain analyst Ai Yi. The contract later pulled back from that spike, first to around $1,786 and then to about $1,680, according to the newer report from PANews on June 29. Based on that lower price, the buyer would be facing an unrealized, or paper, loss of roughly $441,000 if the position remains open. PANews also said SK Hynix and Samsung shares fell after major investment plans were announced.

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