Today SK Hynix's pullback sparked a wave of bottom-fishing, with the biggest winners on long positions seeing returns close to 100%

SK Hynix briefly dropped below $1,200 during today's trading session, driving concentrated bottom-fishing in related mapping contracts within the crypto market. SKHX long positions increased significantly across various platforms, with the Binance funding rate rising to 0.5%/8 hours and trading crowdedness increasing significantly.