Whale Bets Against the Market Trend to Heavily Long Micron, Holding Over $23 Million in Position as the Largest On-Chain Long

BlockBeats News, June 11, according to Hyperinsight Monitoring, a whale address (0x9dcf...302d) significantly increased its long position in Micron Technology (MU) on Hyperliquid a day ago. The address currently holds a 3x xyz:MU long position worth $23.14 million, with an entry price of $924.95, a liquidation price of $401.71, an unrealized loss of approximately $203,000 (-2.63%), and is currently the largest long position holder in Micron. In addition, the address also holds long positions in MRVL and SKHX, with a total position value of $26.08 million and an account value of $14.89 million.

Micron Technology has recently experienced significant price volatility. The stock has surged over 230% this year, reaching a record high of $1079 on June 3, followed by a 12% pullback. At the close of Wednesday's U.S. stock market, Micron fell 4.70% to $891.88.

Address: 0x9dcf1c87b82a35519a430457c1157f21e68f302d

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