Markets· ★★· bearish· October 17, 06:30

SK Hynix On-Chain Perpetual Trades 2.92% Below Korean Market Close

—SK Hynix on-chain: 1,234,855 won vs 1,272,000 won close
—Average discount across three Korean stocks: 2.38%
—SK Hynix daily volume $325.44M, open interest 411,207 contracts
—Funding rate near 5.48% annualized: longs pay shorts

Why it matters: The discount signals seller dominance in overnight trading and may set the tone for the Korean market open.

Source: TokenPost

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