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Huang Renxun’s Pump-and-Dump Drives Tradfi Platform Hynix Stock Price Up Over 4% Following Korean Trading Halt

2 hours ago

June 8: After a trading halt on South Korea’s stock market, Jensen Huang (Huang Renxun) swiftly placed a buy order, stating, “Everyone has the opportunity to buy stocks at a lower price.” Likely driven by this action, SK Hynix’s stock continued to rebound on Tradfi platforms: trading at $1288 on trade.xyz and $1305 on Binance, marking an over 4% gain following the South Korean trading pause. According to Bitget’s market data, after SK Hynix resumed trading on South Korea’s stock exchange, its stock stabilized after an earlier dip. It is now priced at 1.986 million South Korean won (equivalent to $1277.56), with its decline narrowed to 3.96%.
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「White-Haired Stock God」 A-Stock Pool experienced a greater decline than increase today, with the green ones harmonically rising another 4%.

June 8. According to market data, the portfolio of the so-called "White-Haired Stock Guru" SerenityA posted a minor decline today, yet its most recent recommended pick, Green Harmonic— which closed limit up on Friday— added another 4% today. Additionally, Huazheng New Material rose 8.9%, MMT gained 4.4%, and Yuanjie Technology advanced 3.66%. The top decliners were mostly CPO concept stocks: LightStorage Technology dropped 5.24%, LightSpeed Technology fell 4.83%, Sunlight Huaxin slid 4.8%, and Robotic Technology declined 4.58%.

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Prominent Trader: 90% Long in Position, Unlikely to See Sharp Short-Term Dip

June 8 – Prominent crypto trader Killa (@KillaXBT) stated yesterday that Bitcoin has entered its "final stage" and "ultimate extension," with 90% of his portfolio allocated to BTC. Additionally, Killa noted that Binance still has a large number of unwithdrawn buy walls below Bitcoin’s current price. He believes the possibility of BTC quickly reaching those support levels in the near term is low. As a quant trader specializing in BTC, Killa accurately predicted the peak of this bull market in May 2025 and boasts over 180,000 followers on X (formerly Twitter). Back in mid-April, he shorted Bitcoin at $74,688.

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SpaceX's IPO Imminent, A-Shares Soar in Commercial Aerospace Sector

June 8: China’s A-share commercial aerospace sector rallied, with China Spacesat surging over 18% and Aerospace CH UAV hitting its 10% daily upside limit. Galactic Energy, Sevenstar Electronics, Expace Technology, and Space Pioneer Technology also followed the upward trend. On the news front, SpaceX’s initial public offering (IPO) has received subscription orders exceeding the number of shares available for issuance.

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Bitcoin has retraced to the power-law model's extreme regression level and has entered the extremely undervalued territory.

June 8: Per data from crypto analyst Darkfost, Bitcoin has pulled back below the 4th percentile of its Power Law model, landing in an extremely undervalued territory. Historically, BTC has only traded at this valuation level 4% of the time. Darkfost stresses this is an ideal window to build long-term positions, adding that the assessment is not a short-term price forecast.

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The Israeli Air Force Strikes Military Targets of the Iranian Regime in Western and Central Iran

June 8 – Israeli Military: The Israeli Air Force struck Iranian regime military targets in Western and Central Iran.

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Arthur Hayes Gets Back in the HYPE? Associated Address Buys 33,979 HYPE

June 8: According to Onchain Lens monitoring, an address linked to Arthur Hayes has withdrawn 33,979 HYPE from Bybit, a move valued at $2.09 million. The wallet now holds a total of 34,066 HYPE tokens. This update follows a June 4 statement from Arthur Hayes, where he noted he had sold off all of his HYPE holdings.

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