A Whale's 30 Million Tech Stock Plan: AMD to Switch from Short to Long, Micron Technology to Wait for Rebound to Short
BlockBeats News, July 24th, according to Hyperinsight monitoring, as of the time of reporting, it is shown that there is currently the largest single order of related tech stocks on Hyperliquid. A day-trading whale (0x4e2) has placed a total of 209 orders, totaling approximately $30.679 million. The plan covers "AMD bottoming for long position, storage rebound for short position" and has been placed on the order book:
AMD Stop Loss to Close Short: They currently hold a short position of about $6.051 million in AMD, with an unrealized loss of about $0.074 million. They have placed $4.012 million sell orders at $542.4 to $544.6 to reduce their position, planning to reduce about two-thirds of the short position.
AMD Long Position Reversal: They have also placed $16.444 million buy orders at $531 to $541. If the price declines, they will close the short position around $540.48 and initiate a long position. Subsequent trades will switch to a long position; if all orders are filled, the estimated average price will be around $537.7;
MU Rebound with Additional Short Position: They have placed $8.187 million sell orders at $1,012 to $1,080. If all orders are filled, the calculated average price will be around $1,038.3;
SNDK Rebound with Additional Short Position: They have placed $2.036 million sell orders at $1,675 to $1,849. If all orders are filled, the calculated average price will be around $1,700.7.
There are currently no visible stop-loss orders triggered, and there are no take-profit buy orders for MU and SNDK. The overall strategy is for AMD to fall to break-even and close the short position, then reverse to a long position, while continuing to add to short positions on storage sector rebounds.
