Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

June 9, according to monitoring from Onchain Lens, wallet address 0x97f closed its long HYPE position, incurring a loss of $3.22 million. The address then sold 165,391 HYPE tokens at the spot price, locking in a realized profit of $1.978 million. Following that, the same address opened a 50x leveraged short position on 15,000 SP500 shares, with a notional value of $111.38 million, executing the trade at an average price of $8,295.66 per share.

June 9 — Cryptocurrency exchange Bitget has officially announced it’s launching trading for 30 new stock tokens, including assets like rDIS (Disney), rSONY (Sony Group), rMCD (McDonald’s), rKO (Coca-Cola), and rPYPL (PayPal). Dubbed “rTokens,” these products follow a clear naming convention: each token uses an “r-” prefix paired with the underlying stock’s standard ticker (for example, rNVDA corresponds to Nvidia). Issued via Bitget’s licensed Real-World Asset (RWA) protocol Reality, the tokens are directly linked to major global liquidity pools including Nasdaq and NYSE through a partnership with compliant securities broker Alpaca. Key features of the offering include: 1:1 backing of underlying assets held by a licensed custodian, stock dividends distributed as 1:1 tokenized payouts, support for corporate actions (such as stock splits or mergers) that sync with the original assets, and the ability to use token holdings as collateral for unified accounts and U-denominated contracts.

June 9th. Per Hyperinsight Monitoring (https://t.me/HyperInsight), the South Korean stock market rallied midday, triggering a circuit breaker halt. Samsung Electronics climbed 7.5%, while SK Hynix led the sector’s gains with a 12.9% surge. SK Hynix’s rally was boosted by positive news of its collaboration with NVIDIA on developing next-generation memory, pushing its share price back above $1,400. Against this backdrop of strong market recovery, a crypto whale on the Hyperliquid platform entered a short squeeze trade, using 4x leverage to short sell SK Hynix and Samsung at their intraday peaks, with a total position size of $13 million. The specific short positions are as follows: - SK Hynix Short: Average entry price of $1,418, liquidation price of $1,628 - Samsung Short: Average entry price of $207.1, liquidation price of $246.8 This wallet address is currently the largest short seller of SK Hynix on the Hyperliquid platform, and as of press time, the trader is still expanding their

June 9 — U.S. President Trump announced that negotiations between the U.S. and Iran are still ongoing. A proposal for the Iran deal may be put forward in the next few days, he stated. The blockade remains in effect, per Xinhua.

June 9: South Korea’s KOSPI index surged 8% intraday to 8,084.10 points as of press time, per Bitget Markets data. SK Hynix soared 12.4% and Samsung advanced 7.61%.