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Flash
02:32
A major whale increases holdings against the trend in the storage sector, going long on SK Hynix and Micron with $16.09 millionBlockBeats news, on July 6, according to monitoring by ai9684xtpa, as SK hynix continued to pull back during trading, a certain whale opened a SK hynix (SKHX) 3x long position worth about 7.8 million dollars half an hour ago, with an opening price of around 1,604 dollars. The current exposure is about 5,095 contracts, and the whale plans to add another position of approximately 6 million dollars if the price falls to the 1,400 to 1,500 dollar range. At the same time, the account also holds a 4x long position in Micron (MU) worth about 8.3 million dollars. The two long positions in the storage sector currently have a combined unrealized loss of around 590 thousand dollars.
02:31
An address opened long positions in SKHX and MU totaling 16.1 million US dollars, with an unrealized loss of 590,000 US dollars.On-chain analyst Ai Yi has detected that address 0x0ad…c4cbf has opened a 3x long position of 5,095.22 SKHX, valued at 7.8 million USD, with an entry price of 1,604 USD. There are plans to add another 6 million USD in the price range of 1,400 to 1,500 USD. This address also holds a 4x long position in MU worth 8.3 million USD. Currently, these two long positions in the storage sector are showing an unrealized loss of 590,000 USD.
02:31
Major Bank Ratings丨UBS: Raises SK Hynix target price to 3.2 million KRW, expects three major catalystsGlonghui, July 6th | UBS released its latest research report, raising the 12-month target price for SK Hynix from 3 million KRW to 3.2 million KRW, and reiterated its "Buy" rating. The report pointed out that the AI-driven memory supercycle is accelerating, and as a core leader in the field, SK Hynix continues to benefit from the tightening supply-demand landscape and the generational upgrade in technology. UBS believes that the recent correction is a temporary phenomenon. The implementation of long-term supply agreements, official mass production and shipment of HBM4, and potential stock buybacks after ADR listing are three major catalysts that will jointly drive the company's revaluation. Regarding earnings outlook, UBS expects operating profit to reach 32.7 trillion KRW in 2026, about 27% higher than the market consensus; and to further rise to 62.3 trillion KRW in 2027, exceeding consensus by about 54%.
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