Data: Iran's Oil Exports Drop to Lowest Level in Six Years

According to Hyperinsight monitoring, SK Hynix (SKHX) on Hyperliquid saw sharp volatility after opening this morning. The token opened at $1168.1, surged to a high of $1270.1 within half an hour, marking an ~8.7% gain, before quickly pulling back. At 9:55 a.m., it hit a low of $1185.3, down ~6.7% from its peak. During this swing, three whales sequentially opened long positions on SKHX, holding a total of 11,620.674 contracts worth roughly $14.036 million. Based on SK Hynix’s current quoted price of $1198, all three long positions are now underwater: - Whale starting with 0xf4b: New long position with 10x leverage, holding ~$2.715 million, average entry price of $1210.6, unrealized loss of ~$9,000, liquidation price of $1130.4. - Whale starting with 0x564: New long position with 10x leverage, holding ~$4.918 million, average entry price of $1238.9, unrealized loss of ~$125,000, liquidation price of $851.5. - Whale starting with 0x2ab: Converted from a short position to long and continued adding to longs, with 10x leverage, holding ~$6.403 million, average entry price of $1212.8, unrealized loss of ~$25,000, liquidation price of $650.3. Notably, the 0xf4b whale is closest to liquidation. When SKHX dipped to $1185.3 intraday, the gap between its entry price and liquidation price narrowed to just ~$54.9; as the price rebounded to $1298, the gap has since widened to ~$68.

According to Hyperinsight monitoring, a 40x-leveraged whale (0x66f) accumulated a long position of 1,662.50 BTC between last night and early this morning, with the position valued at approximately $107 million, marking the address’s only current holding. Its average entry price is $63,958.4, generating an unrealized profit of $926,900 and a return of around 34.87%, while its liquidation price stands at $63,143.1. Over the past seven days, this whale has opened a total of 1,882.87 BTC in long positions, with a trading volume of roughly $121 million for these longs; at 7:12 AM today, it added 2.04 BTC to its long position at $64,700, making it the largest BTC long holder on Hyperliquid.

According to Bitget market data, South Korea’s KOSPI index has fallen by over 4% again. Both SK Hynix and Samsung Electronics dropped 4.4%.

CryptoQuant analyst Darkfost stated in a recent post that stablecoin reserves on Binance and Bybit have been steadily declining, with a combined outflow of more than $2.3 billion over the past 30 days, a trend reflecting insufficient new liquidity in the crypto market. Binance’s stablecoin reserves decreased by roughly $1.55 billion in that period, while Bybit’s fell by approximately $786 million, bringing the total outflow from the two major exchanges to nearly $2.3 billion. Bitcoin has been fluctuating around the key $60,000 level for about 165 consecutive days; although it briefly surged past $80,000 in May, the upward momentum could not hold. The current market lacks new capital inflows, with weak new demand for both BTC and the overall crypto sector. Exchange stablecoin reserves have been on the decline since the start of the year, with outflows dominating, signaling that investors are reducing their fund allocations to exchanges, and some capital may even be exiting the market. Liquidity contraction and cautious market sentiment have become major obstacles for BTC to break out of its current trading range.

According to Bitget market data, Zhipu (02513.HK) fell more than 13% and MINIMAX-W (00100.HK) dropped over 4%.

Southern’s 2x Long SK Hynix (07709.HK) and Southern’s 2x Long Samsung Electronics (07747.HK) both opened 15% higher.