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SK Hynix Flash Crash Hits Nextrade Again, Reigniting Crypto Oracle Fears 

SK Hynix Flash Crash Hits Nextrade Again, Reigniting Crypto Oracle Fears 

  • SK Hynix shares briefly fell 30% during a Nextrade pre-market glitch.
  • It’s the second such incident in two weeks, following a July 28 crash.
  • Earlier crash triggered roughly $60 million in Hyperliquid perpetual liquidations.

A glitch on South Korea’s alternative stock exchange briefly erased nearly a third of SK Hynix’s market value on paper Thursday, exposing a weakness in the systems that connect traditional stock markets with fast-growing crypto derivatives markets. 

SK Hynix, a Seoul-listed memory chip giant, shares briefly cratered 30% on South Korea’s year-old alternative trading venue on Thursday — the second such incident since July 28, when a similar glitch triggered a $60 million liquidation…

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