SK Hynix ADR premium rises to 48.4%, with whales significantly reducing their short exposure
BlockBeats reports that address 0x024294c53a69c1e6b39810b3fac87385752fffa1 closed out approximately 10,170,000 USD worth of SKHX short positions and increased its long positions in SKHY, reducing the net short amount to about 3,590,000 USD. The implied ADR premium on-chain has risen to 48.4%.