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.

This article is machine translated
Show original

On March 16, according to Hyperinsight monitoring , US-listed storage and optical communication stocks collectively rose in pre-market trading. Among them, Micron Technology (MU) and SanDisk (SNDK) saw their contracts on Hyperliquid rise by nearly 4%, temporarily trading at $444.5 and $686.5 respectively.

Two hours ago, a whale with the account number 0xb83 opened a new long position in SNDK with 4x leverage in the past two hours, with a position size of approximately $1.37 million and an average price of $688.5.

In addition, the Continue Capital-related address (0x3e3), which had previously been long on this sector, still 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.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments