US storage stocks rose in pre-market trading, with a major on-chain whale opening a new long position of 1.3 million, indicating a bullish outlook.

According to Mars Finance, on March 16th, Hyperinsight monitoring showed that US-listed storage and optical communication stocks collectively rose in pre-market trading. Micron Technology (MU) and SanDisk (SNDK) contracts on Hyperliquid both rose nearly 4%, currently trading at $444.5 and $686.5 respectively. Two hours ago, a whale starting with 0xb83 opened a new long position in SNDK with 4x leverage, holding approximately $1.37 million at an average price of $688.5. Furthermore, the Continue Capital-related address (0x3e3), which had previously long in this sector, currently holds approximately $15 million in related positions, including $8.3 million in NVDA long positions and $6.7 million in MU long positions, with a total unrealized profit of $547,000.