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01:53
The prominent bear HYPE Oracle has transferred $64 million worth of spot assets to Hyperliquid, along with a short position stop-loss.
BlockBeats News, June 1st, according to Hyperinsight monitoring, the HYPE short whale trader "Loracle" has been continuously reducing his HYPE short position in the past few hours as HYPE soared above $70. As of the time of writing, his 5x leveraged short position has decreased from $102 million to $60.94 million, with current losses still at $22.58 million (-74%). During the weekend, Loracle transferred his on-chain 893,000 HYPE to Hyperliquid. With the price surge, the value of this spot holding has increased from $54.5 million to $64 million, which has not been sold yet. Over the past month, this whale has unlocked a total of 2 times, totaling 1.115 million HYPE (valued at around $63.51 million). In a traceable on-chain record, on May 21st (the day of HYPE's previous all-time high), he sold 557,000 HYPE, worth approximately $33.35 million. Contract Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae On-chain Staking Address: 0xE44bd27c9F10fa2F89fdb3ab4B4F0E460da29EA8
01:49
A whale closed ETH short positions and switched to going long with 19,700 ETH, worth $39.5 million.
According to Odaily, Onchain Lens monitoring shows that a certain whale closed its ETH short position and switched to holding a long position of 19,700 ETH (20x leverage), valued at 39.5 million US dollars, with an unrealized loss exceeding 205,000 US dollars.
01:44
Goldman Sachs Raises Target Prices for SK Hynix, Samsung Electronics, and Kioxia
According to a Goldman Sachs report, on June 1, Goldman Sachs significantly raised the target prices for SK Hynix, Samsung Electronics, and Kioxia. The target price for SK Hynix was increased to 3.3 million to 3.5 million KRW (approximately 3.3 million to 3.5 million KRW), Samsung Electronics’ target price was raised to 480,000 KRW, and Kioxia was upgraded to "Buy" with a 12-month target price of 93,000 JPY. Goldman Sachs believes that the valuation framework for the memory industry is shifting from price-to-book ratio to price-to-earnings ratio, and expects shortages in DRAM, NAND, and HBM supply to continue until 2028, with the HBM market size for 2027 being revised up by 54% to $116 billion. Goldman Sachs warns that the new valuation framework requires balance sheet support; otherwise, there is a risk of repeating the events of 2017.
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