TechFlow News, June 24: According to Hyperinsight monitoring data, EWY (iShares Korea ETF perpetual contract) on Hyperliquid is trading at $198.60, up 3.4% over the past 4 hours.
On the news front, Asian equities rebounded, with Korean stocks leading gains. Market rumors suggest Samsung Electronics may announce a KRW 90 trillion share buyback plan—Samsung’s stock surged over 10% intraday—while speculation continues regarding South Korea’s exclusion from MSCI’s Developed Markets index.
This morning, a whale address (0xd5f2) on Hyperliquid opened a new 10x short position on EWY, with a notional value of approximately $5.31 million. The average entry price was $196.05, resulting in a floating loss of roughly $61,500. The liquidation price for this short position stands at $207.73—about 4.7% above the current price.
Data indicates this whale holds similarly directional large positions totaling ~$5.3 million, while opposing positions amount to ~$3.7 million, reflecting an overall bearish bias. The nearest liquidation price for large short positions is $203.80, and the average entry price for recent short positions is $203.90—meaning overall short positions remain above water.
