Woofun AI reports that SK Hynix shares have rallied 17% from intraday lows, coinciding with heightened activity on Hyperliquid. SKHX is priced at $1571, up 10% in 24 hours, with trading volume reaching $880 million despite open interest falling to $250 million.

On-chain metrics reflect bearish sentiment via negative funding rates. The largest 24-hour long position totaled $5.02 million, executed at 10x leverage with an entry price of $1558 and a liquidation threshold of $1443.