News

ChainCatcher news, according to Golden Ten Data, the increase in U.S. ADP employment in June hit its lowest level since March, and the market focus is quickly shifting to more macro indicators and external risk events. The statements from Federal Reserve officials have become more moderate, causing a collective rebound in the precious metals sector.

According to Golden Ten Data on July 2, SK Hynix announced on Thursday that the company plans to invest 80 trillion won (approximately $51.46 billion) to build a new NAND flash memory chip plant. The new factory is expected to start operations in 2029 to address the memory chip shortage driven by the AI boom. According to plans announced at an event attended by the company CEO and South Korean President Lee Jae-myung, the SK Hynix CEO stated that construction of the new M17 plant in Cheongju, South Korea, is scheduled to begin next year. In addition, the chip manufacturer also plans to invest another 20 trillion won to build a new chip packaging plant in Cheongju, which is expected to be completed by the end of 2027.

According to on-chain analyst Yujin's monitoring, a certain whale liquidated 1,000 PAXG, incurring a loss of $1.06 million. This whale withdrew 1,000 PAXG from an exchange between February and March at a price of $5,103 each, which was worth $5.1 million at the time.