iShares Korea ETF closed up 5.6% this morning, with two related addresses simultaneously increasing their holdings to a total of $3.7 million.

Gate News reports that on March 10, iShares Korea ETF (EWY, an ETF tracking the Korean stock market) closed up 5.6% this morning, currently at $133.89. During the market closure, Hyperliquid experienced significant fluctuations in EWY contract prices, dropping to a low of $128 and now trading at $133.

During this period, two highly correlated addresses (0x42e, 0xb58) simultaneously increased their positions in EWY with low leverage. As of now, the combined holdings of these two addresses amount to $3.7 million, with an average entry price of $133.97. They are currently showing a slight unrealized loss of about $30,000 (-2%).

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