SK Hynix falls 56% in 33 days from June peak

SK Hynix hit a record on June 26, then dropped about 56% by July 29.

- Peak price on 2024-06-26: 2,987,000 KRW
- Price on 2024-07-29: 1,322,000 KRW
- Duration: 33 days
- Drawdown: about 55.74%

This is a sharp correction in a top Korea-listed AI memory play. It can pressure local tech sentiment and risk appetite.

Crypto read-through is mixed. Korean retail flows often rotate between K‑equities and large-cap crypto like BTC and ETH. A steep equity drawdown can either trigger de-risking or push liquidity toward crypto.