US Stock Futures Storage Sector Continues to Rise, 'Crypto KOL CBB' Shorts MU and SNDK, Floating Losses Expand to $1.4 Million

BlockBeats News, March 18th, according to Hyperinsight monitoring, pre-market trading of storage concept stocks continued yesterday's gains. SanDisk (SNDK) rose by 3.6%, Micron Technology (MU) rose by 2.7%. As a result, the SNDK contract on Hyperliquid is temporarily quoted at $748.6, and the MU contract is temporarily quoted at $474.9.

The sector continues to strengthen, putting significant pressure on on-chain shorts. The two largest short positions on-chain belong to the "Crypto KOL CBB" (0xefd), with a total current position of approximately $12.9 million. Both short positions are currently in unrealized losses, totaling around $1.4 million. The specific positions are as follows:

3x SNDK Short: Position size of $7.8 million, average price $679.4, unrealized loss of $0.7 million (-26.5%);

3x MU Short: Position size of $5.1 million, average price $410.7, unrealized loss of $0.69 million (-38.7%).