TechFlow News, June 24: Earlier, a bipartisan discussion in South Korea about including unrealized stock gains in comprehensive taxation sparked market concerns over highly valued tech stocks and triggered a KOSPI circuit breaker. Affected by this news, SK Hynix’s share price fell over 8%, while trading interest in related contracts surged.
According to CoinGlass data, the total open interest for SKHYNIX perpetual contracts across all exchanges currently stands at $184 million. Liquidity for this asset is concentrated primarily on top-tier exchanges, with Binance, Bitget, and OKX ranking first, second, and third in terms of open interest. Their respective shares of total open interest are 56.58% ($104 million), 15.81% ($29.05 million), and 11.4% ($20.96 million), collectively accounting for approximately 83% of the market.
