SKHX on Hyperliquid drops 17.9%, triggered by abnormal pre market trading in South Korea
SKHX on Hyperliquid experienced a sudden drop of 17.9%, driving the platform's clearing amount to surpass Binance in the past 4 hours. In the pre-market of NXT in South Korea, SK Hynix had one stock trading at a price of 1.272 million Korean won or approximately 867 US dollars, causing the stock price to drop by about 30% and triggering a suspension of trading. The price of Hyperliquid's oracle machine followed the decline, driving SKHX contract prices to plummet, and related prices on Binance fell due to arbitrage trading.