On March 18, the iShares Korea ETF (EWY) rose to $134.4 as the South Korean KOSPI index gained 5.04%, with after-hours trading up 3.1%. Meanwhile, the EWY futures contract on the Hyperliquid platform traded at $139, up 6.2% in 24 hours. Whale address unrealized gains expanded to nearly $2 million.

Gate News reported that on March 13, a certain decentralized derivatives trading platform recently launched NATGAS/USDT and EWY/USDT perpetual contracts with a maximum leverage of 20x.

Gate News Report, March 12 — Onchain Lens monitoring shows that the whale address "0xa65" deposited 1.82 million USDC into HyperLiquid and increased its CL short position with 1x leverage. Additionally, the whale also holds a 1x leverage EWY long position.

Gate News bot message, according to Gate official announcement The Gate Contract Stock Zone has launched perpetual contracts for EWJ (iShares MSCI Japan ETF) and EWY (iShares MSCI South Korea ETF) for live trading. The trading pairs are EWJ/USDT and EWY/USDT, both supporting USDT settlement. Both contract types support long and short positions with leverage from 1x to 20x, which can be selected at the time of order placement. EWJ is the iShares MSCI Japan ETF, designed to track the investment performance of an index composed of Japanese stocks, providing investors with opportunities to invest in the Japanese stock market. EWY is the iShares MSCI South Korea ETF, aimed at tracking the performance of the South Korean stock index, offering investors exposure to the South Korean stock market.

According to Coinbob monitoring data, the price of CRCL (Circle) continues to rise, reaching a high of $121 today. Long address unrealized gains have increased to $460,000, with a holding size of $4.33 million. This address also holds EWY (Korean stock market ETF), with current unrealized gains of 26%.

On March 10th, iShares Korea ETF (EWY) closed up 5.6% at $133.89. During this period, Hyperliquid's EWY contract price experienced significant fluctuations, dropping to a low of $128. Two related addresses are chasing EWY with low leverage, currently holding $3.7 million in positions with an unrealized loss of about $30,000.

Hyperinsight monitoring shows that the iShares Korea ETF (EWY) closed down 6.42% today at $125.74. However, during the US stock market close, related contracts rebounded on Hyperliquid, trading at $131.1, with a premium of over 4.4%. Pre-market trading is about to open, and it is expected that the spot and contract prices will gradually converge.

On the Hyperliquid platform, the largest long whale holding the iShares Korea ETF mapping contract cash: EWY successfully turned a profit, with unrealized gains reaching $310,000, a position size of $6.42 million, and an average price of $126. After a rebound, EWY's price this morning rose to $134, a 6% increase.

BlockBeats News, March 5th, according to official sources, Phantom Wallet announced the addition of two international ETF perpetual contract markets, including Korea's iShares MSCI ETF (EWY) and Japan's iShares MSCI ETF (EWJ), with support for up to 20x leverage for long and short trading.