SK Hynix plunges as the US-South Korea premium surges to 47%, with trading accounts executing the relevant transaction posting an unrealized profit of $5.21 million.

According to TradingBeats monitoring, Hyperliquid’s Shanghai-listed Korean stock mapping contract SKHX fell approximately 10.46% since 00:00 today, currently trading at $938.71, while its US-listed ADR mapping contract SKHY dropped around 7.80% over the same period, with a 2.66 percentage point gap in declines. Based on the conversion ratio, SKHY’s implied premium relative to SKHX has expanded from roughly 42.89% at 00:00 today to 47.14%, a rise of about 4.25 percentage points, with the premium

@tonmelonfest