US Stock Storage Sector Gains Pre-market as On-chain Whale Opens New $1.3M Long Position Betting on Upside

BlockBeats News, March 16th, according to Hyperinsight monitoring, pre-market trading saw a collective increase in US stocks related to storage and optical communications. Among them, Micron Technology (MU) and SanDisk (SNDK) both saw a contract price increase of nearly 4% on Hyperliquid, reaching $444.5 and $686.5 respectively.

Two hours ago, a whale with an address starting with 0xb83 opened a new SNDK long position with 4x leverage in the past 2 hours, with a position size of approximately $1.37 million and an average price of $688.5.

Furthermore, the address associated with Continue Capital (0x3e3), which has been consistently longing this sector, still holds positions worth approximately $15 million, including a $8.3 million long position in NVDA and a $6.7 million long position in MU, with an overall unrealized profit of $547,000.