UBS advises investors to buy SK Hynix ADRs and sell its Korean-listed shares.

According to monitoring by on-chain tracker ai_9684xtpa, address 0x907…CC0a9 deposited 1,988 ETH to Bybit four hours ago, valued at roughly $3.53 million. The address previously built a position of 6,000 ETH at an average price of $3,178.78 on January 20 this year. If it sells all the ETH deposited in this transfer, it will suffer a loss of approximately $2.785 million. Calculated at the current deposit price of around $1,777.49, its position has shrunk by about 44% over more than five months.

According to OnchainLens monitoring, whale address "0xf822" deposited approximately $6.3 million worth of USDC to Hyperliquid roughly 3 hours ago and opened a 3x leveraged HYPE short position. Currently, the address holds around 692,200 HYPE short contracts, with a position value of about $49 million, an entry price of $66.02, a stop-loss price of $70.78, and an unrealized loss of roughly $3.3 million. The address currently has a total of 5 positions, with total holdings valued at approximately $126.8 million and cumulative realized profits of around $4.39 million.

According to Hyperinsight monitoring, South Korean semiconductor stocks plunged today before a slight rebound. On Hyperliquid, SK Hynix (ticker: SKHX) did not see stronger long-term bottom-buying walls; instead, larger sell orders have been placed above the rebound. Calculated based on levels $50 away from the current price: sell orders for SKHX above $1512 total approximately $14.19 million, while buy orders below $1412 are around $8.457 million, making the sell wall roughly 1.68 times the size of the buy wall. The most concentrated sell wall lies in the $1610–$1650 range, with 81 orders totaling ~7,536.813 units, valued at ~$12.189 million. Below, buy orders in the $1300–$1390 range amount to ~$5.737 million, with support scale significantly lower than the selling pressure above. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as an administrator (enable message sending permission), and it will automatically sync on-chain information.

Global brokerages have initiated research coverage on Elon Musk’s SpaceX (SPCX.O), with Wall Street forming an initial consensus of a "buy" rating for the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have assigned buy ratings, citing confidence in SpaceX’s long-term growth prospects, though concerns remain over its profitability and valuation. Morgan Stanley analysts stated in a July 7 report: "SpaceX can massively convert energy into intelligence and commercialize it through consumer and enterprise solutions in the AI era." Its $300 price target ranks first among Wall Street investment banks, implying an 87% upside from Monday’s closing price of $160.42. The bank’s analysts project SpaceX’s stock could trade as low as $75 in a bear case and as high as $600 in a bull scenario, with its revenue expected to reach $319 billion by 2030 and $3.3 trillion by 2040. (Jinshi)

Goldman Sachs initiates coverage on SpaceX for the first time, assigning a "Buy" rating with a target price of $205.

According to official announcements, Binance will launch bStocks tokenized securities trading pairs for Cerebras (CBRSB), Coinbase (COINB), Roundhill Memory ETF (DRAMB), Corning (GLWB), Alphabet (GOOGLB), Nebius (NBISB), Qualcomm (QCOMB), Semicon Bull 3X ETF (SOXLB), State Street SPDR S&P 500 ETF Trust (SPYB), and Western Digital (WDCB) at 21:30 today.