Micron Technology rose 3.5%, with MU's largest bull position at "Continue Capital Linked Address" seeing a paper gain of $400,000

BlockBeats News, March 11th, according to Hyperinsight monitoring, boosted by gains in NVIDIA and Micron, Micron (MU) closed up 3.54% today at $403. In response, the MU perpetual contract on the Hyperliquid platform rose 4.3% in the past 24 hours, currently at $410.2, a $1.74 premium over the US stock closing price.

An address associated with Continue Capital (0x3e3) holds about $14.6 million in long positions in the semiconductor sector. Among them, a long position in MU with 7x leverage has a scale of $6.2 million, with an average position price of $383, the unrealized profit has expanded to $400,000, with a return of 26%. This address is now the largest long position holder for MU on-chain.