SK Hynix fell 4%, while Samsung Electronics dropped over 3%; US-listed storage stocks declined in after-hours trading.

Shipping data indicates two supertankers loaded oil at Ras Tanura Port on Friday, with another vessel waiting to load. Saudi Aramco has resumed oil loading at the Ras Tanura terminal, which had been suspended for nearly four months. (Jinshi)

According to Bitget market data, South Korea’s KOSPI index plunged 5% intraday, currently at 8477.78 points. SK Hynix fell over 6%, while Samsung Electronics dropped 5.7%. The Korea Exchange triggered the KOSPI’s temporary trading halt (sidecar) mechanism after KOSPI 200 futures slid 5%, suspending program trading for five minutes.

According to HTX market data, Bitcoin has dropped below $59,000 again, with a 3.27% decline in the past 24 hours.

Bluewater announced it has completed the acquisition of Sui ecosystem lending protocol Suilend. The deal covers Suilend and its ecosystem products STEAMM and SpringSui, marking the start of a new development phase for Suilend. Following the acquisition, Suilend will continue to operate as an independent platform, retaining its original brand, product roadmap, and infrastructure, while receiving long-term capital and operational support from Bluewater. Bluewater stated that the two parties have collaborated for nearly three years, and it highly recognizes Suilend’s product quality, execution capability, and security standards. Going forward, the two sides will gradually advance deep integration of trading, lending, collateralization, liquidity, and yield products, though Bluefin and Suilend will remain separate brands, infrastructures, and legal entities. Bluewater emphasized that this transition will be carried out in a phased manner, with multiple audit firms involved. Users do not need to take any action, and existing positions, deposits, and protocol functions will remain operational during the transition period. In addition, Bluewater noted that the SEND token is not included in this acquisition. SEND will be handled separately by the existing Suilend team, and will be distributed to token holders as the project is gradually wound down, with relevant details to be announced later.

According to EmberCN’s monitoring, Hyperliquid’s largest long-position trader continued adding to his positions after Bitcoin fell to $59,000. He opened 500 BTC long positions via three wallets at an average price of $59,261, worth approximately $30 million. To date, the trader holds a total long position of around $445 million, including 120,000 ETH and 2,500 BTC. The average entry price for his ETH long positions is $2,261, while that for BTC long positions stands at $69,560. As of now, the trader’s overall unrealized loss has widened to roughly $110 million.

According to Bitget market data, South Korea’s KOSPI index plunged 4.00% intraday, now standing at 8572.69 points. SK Hynix declined 4.32%, while Samsung fell 4.04%.