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Korean Chipmaker Stock Drop Leads to $60 Million Loss in Crypto Bets

The Hyperliquid SK Hynix perpetual contract experienced a significant drop of approximately 20% following a 'bad print' in the market. This decline in a Korean chip manufacturer's shares also resulted in an expensive lesson for the crypto industry, blowing up $60 million in crypto bets.

29 Jul, 01:20 — 29 Jul, 01:20
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First report: Yahoo · 28 Jul, 17:21Full coverage: 2 · 8hWindow: 8h
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