US stock storage sector rises in pre-market trading, on-chain whale opens new 1.37 million USD SNDK long position

Gate News, March 16 — According to Hyperinsight monitoring, U.S. stock storage and optical communication concept stocks collectively rose before the market opened. Among them, Micron Technology (MU, U.S. memory chip manufacturer) and SanDisk (SNDK, U.S. flash storage device manufacturer) both saw contract increases of nearly 4% on Hyperliquid, currently trading at $444.5 and $686.5 respectively.

Two hours ago, a whale starting with 0xb83 opened a new SNDK long position with 4x leverage within the past two hours, holding approximately $1.37 million at an average price of $688.5.

Additionally, the address associated with Continue Capital, which has been consistently bullish on this sector (0x3e3), still holds about $15 million in related positions, including $8.3 million in NVDA long positions and $6.7 million in MU long positions, with an overall unrealized profit of $547,000.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ASTEROID Memecoin Soars 68,000% in a Week After Elon Musk's Social Media Reply

ASTEROID, a memecoin inspired by a deceased girl's plush toy design, skyrocketed over 68,000% in a week after Elon Musk's replies on social media, despite having no official ties to SpaceX. Early traders saw significant profits, but the coin's future relies on narrative rather than formal endorsement.

GateNews10m ago

Crypto Market Sees $272M in Liquidations Over 24 Hours, Both Long and Short Positions Hit

Cryptocurrency markets saw $272 million in liquidations in 24 hours, primarily affecting long positions. Ethereum led with $12.05 million in liquidations, impacting 162,676 traders. The largest single liquidation was $6.43 million on ETHUSDT.

GateNews10m ago

BNT Surges 24.45% in 5 Minutes, Reaching $0.4158 Amid 31.96% Daily Gain

Bancor's BNT token surged 24.45% in five minutes, reaching $0.4158, with a 31.96% gain in 24 hours. Increased trading volume and staking dynamics contributed to this interest, as traders eye key resistance and support levels for future movements.

GateNews20m ago

ETH breaks through 2350 USDT

Gate News bot message, Gate quotes show that ETH has broken through 2350 USDT, with the current price at 2350 USDT.

CryptoRadar2h ago

BTC breaks through 76000 USDT

Gate News bot message, Gate market shows, BTC breaks through 76000 USDT, current price is 76071.4 USDT.

CryptoRadar2h ago

Address Transfers 978,000 ZRO to Major CEX as LayerZero Token Plunges 18%

A Polymarket user transferred 978,000 ZRO tokens worth approximately $1.57 million to a major CEX, following an 18% drop in the token's value after a security exploit. The holder incurred a loss of about $470,000 from the original deposit.

GateNews5h ago
Comment
0/400
No comments