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South Korea's KOSPI index extended its decline to 4%, with SK Hynix falling 8.3%.

49 minutes ago

According to Bitget market data, South Korea’s KOSPI index has extended its decline to 4%, breaking below the 7,200 level. SK Hynix fell 8.3%, while Samsung Electronics dropped 4.2%.

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Nanfang Double Long SK Hynix ETF Falls Over 21% Intraday

Bitget market data shows that the Southern 2x Long SK Hynix ETF fell more than 21% intraday, currently trading at HK$70.06, down 21.63% from the prior trading session. The ETF had rallied sharply alongside SK Hynix’s stock price earlier, hitting a high of roughly HK$193.65 in June before a sustained pullback, with its current price now over 60% lower than that peak.

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SK Hynix dropped more than 9.6% after a whale that profited from both long and short trades saw its two major long positions post an unrealized loss of $1.8 million.

According to monitoring by ai_9684xtpa, SK Hynix’s stock price has dropped by over 9.6%. The "smart money" address that had previously accumulated more than $5.293 million in profits via US stock long-short trading is now starting to unwind its gains. The address currently holds two long positions in the semiconductor storage sector: a 2x long position in Micron (MU) valued at $9.41 million, with an entry price of $1,005.1, posting an unrealized loss of $620,000; and a 2x long position in SK Hynix (SKHX) worth $8.85 million, with an entry price of $1,494.5, currently incurring an unrealized loss of $1.18 million. The combined unrealized loss of the two stock long positions totals approximately $1.8 million.

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South Korea’s KOSPI index extended its losses to 5.04%, with SK Hynix down 9.6%.

According to Bitget market data, South Korea’s KOSPI index has extended its decline to 5.04%, breaking below the 7,100 point level. SK Hynix slumped 9.6%, while Samsung Electronics fell 5.7%.

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Bloomberg: Global funds' sell-off of South Korean bonds hits near three-month high

Global funds' sell-off of South Korean bonds has hit its highest level in nearly three months, Bloomberg reported. The shift in capital flows reflects a decline in overseas investors' risk appetite for South Korea's bond market, which is currently facing pressure from foreign capital outflows.

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Uniswap generated approximately $5.027 million in trading fees over the past 24 hours, ranking second only to Tether and Circle.

Uniswap founder Hayden Adams noted in a post that, per DefiLlama data, Uniswap’s 24-hour trading fees totaled approximately $5.027 million, ranking second in daily trading fees only behind Tether and Circle, and exceeding projects such as Hyperliquid and pump.fun.

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Brent crude oil surged 4% intraday, now trading at $78.9 per barrel.

According to Bitget's market data, Brent crude oil has surged 4% intraday, currently trading at $78.9, while WTI crude oil's gain has expanded to 4%, now at $74.3.

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