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Woofun AI data shows that ChangXin Memory stock market capitalization on Hyperliquid reached $540 billion, exceeding Tencent’s valuation. A whale account holding $75.4 million utilized 5x leverage to open long positions for 20,000 units of the stock.
On-chain activity included over $5.9 million in buy orders at approximately $7.2 per share. Conversely, a trader suffered losses exceeding $40,000 after a short position was liquidated within 28 minutes.
Meanwhile, South Korea tightened online stock loan limits to 1 billion won per borrower and discussed raising minimum deposits for leverage ETFs focused on chip stocks.