Micron and Western Digital Experience $103 Million Holdings Outflow, While SanDisk Sees a 36% Increase in Funds Inflow

BlockBeats News, August 3rd, according to Hyperinsight monitoring, in the past 24 hours, the open interest value of Micron (MU) on Hyperliquid decreased by approximately $39.372 million to $173 million; Samsung (SKHX) decreased by approximately $64.124 million to $352 million. The total loss of the two amounted to approximately $103 million in open interest, with decreases of 18.5% and 15.4%, respectively.

During the same period, SanDisk (SNDK) open interest value increased from approximately $88.122 million to $120 million, an increase of $32.114 million, a 36.4% increase, becoming the only target among the storage triumvirate to record an expansion in open interest.

SNDK rose by approximately 0.6% in the past 24 hours, MU rose by approximately 0.3%, and SKHX fell by approximately 1.1%; SanDisk outperformed Micron by approximately 0.3 percentage points and outperformed Samsung by approximately 1.7 percentage points.

Changes in large funds addresses' positions:

SNDK: The additional positions currently tend towards long positions. In the past 24 hours, one address increased by approximately $2.515 million in long SNDK positions, with no single address found to decrease long positions by over $1 million or increase short positions.

MU: Two addresses collectively added $3.428 million in long positions, while another 2 addresses decreased positions by $2.587 million, resulting in a net increase of approximately $841,000 in long positions; during the same period, two addresses added approximately $2.858 million in short positions, with the increase leaning towards short positions.

SKHX: No new addresses added positions, and existing whales continue to deleverage. Million-dollar level addresses decreased long positions by $6.811 million net; short positions decreased by $9.208 million net.

Top funds are defensively positioned:

- MU has a total of 14 long positions and 18 short positions, with long position value of approximately $46.108 million and short position value of approximately $66.543 million;

- SKHX has a total of 37 long positions and 42 short positions, with long position value of approximately $104 million and short position value of approximately $136 million;

- SNDK has a total of 12 long positions and 10 short positions, with a long position value of approximately $37.441 million, still below the $46.782 million short position value.