Trading volume between Micron and Hynix has surged on trade.xyz, with fund rates indicating the involvement of bargain hunting funds

On July 2nd, the trading volume of Shanghai Lux and Micron on the trade.xyz platform rose to the top 2, with 24-hour turnover of 516 million US dollars and 465 million US dollars respectively. The annualized funding rate of Hynix is 314.4%, indicating that Micron and Hynix have entered the market with bargain hunting funds.