Whale Alert: A major wallet address has taken short positions in South Korean semiconductor stocks amid the "fateful week", with combined short positions in Samsung and SK Hynix amounting to $14.8 million.

According to Hyperinsight monitoring, the whale address starting with 0x4c7 holds a total of 9 semiconductor-related positions on Hyperliquid, with a total notional size of approximately $36.448 million. Among these, two short positions on South Korean semiconductor stocks Samsung Electronics (SMSN) and SK Hynix (SKHX) amount to roughly $14.84 million, making it the largest short seller of SKHX. On the news front, this week marks a high-event window for South Korean semiconductor stocks: Samsung Electronics will release its preliminary Q2 results on July 7, SK Hynix’s ADR will list in the U.S. on July 10, and the Federal Reserve’s June meeting minutes will be released in the early hours of July 9 (Beijing time). Some South Korean media have dubbed this week the "fateful week" for the country’s semiconductor sector. Details of the two short positions are as follows: SKHX Short Position (4x isolated margin): Size of approximately $10.865 million, average entry price of $1,461.06, current price of ~$1,534.90, liquidation price of $1,854.69, unrealized loss of ~$523,000 (-20.2%). SMSN Short Position (4x isolated margin): Size of approximately $3.974 million, average entry price of $201.54, current price of ~$207.54, liquidation price of $251.85, unrealized loss of ~$115,000 (-11.9%). It is reported that despite a pullback in South Korean stocks today, this address has not turned profitable. It continued to slightly add to its Samsung short position by approximately $182,000 this afternoon, with no open orders visible at present. -HyperInsight Bot is now live. Add @HyperInsightBot to Telegram groups and set it as an admin (enable message sending permission) to automatically sync on-chain news.