Woofun AI on-chain data shows that EWY, the iShares Korea ETF mapping contract, climbed 3.4% in four hours to $198.6, driven by speculation that Samsung Electronics may deploy a 900 trillion KRW share buyback plan. This catalyst propelled Samsung's stock price up more than 10%, leading a broader Asian equity rebound even as uncertainty persists regarding Korea's exclusion from MSCI developed markets.

Meanwhile, on Hyperliquid, whale address 0xd5f2e306cff8c7c9e47ebebf3e96e8fdd75c601c initiated a contrarian 10x short position valued at approximately $5.31 million with an average entry of $196.05. Although this specific trade currently faces an unrealized loss of $61.5k with a liquidation price at $207.73, the entity maintains a net bearish stance, holding roughly $5.3 million in longs against $3.7 million in shorts.