Weekend Update: Whale Places $100 Million Long Bet on MU and SNDK, 7 Addresses Pool Together $30 Million to Short with No One Taking the Other Side

BlockBeats News, August 3rd, according to TradingBeats (formerly Hyperinsight) monitoring, since the close last Friday to the present weekend, the million-dollar level holdings of Micron Technology (MU) and SanDisk (SNDK) involved a total of 7 addresses. As of pre-market trading in the U.S. stock market, all the above addresses are holding long positions, and not a single million-dollar level short position has appeared.

The current value of the above long positions totals approximately $29.297 million, with an overall unrealized loss of about $1.193 million; 5 out of the 7 addresses are already in a loss. Specific information:

Micron Technology: 4 addresses collectively hold long positions of 17,000 shares, with a position value of around $139.04 million, a weighted average position price of $871.6, a current price of about $834.6, and a total unrealized loss of about $617,000;

SanDisk: 5 addresses collectively hold long positions of 12,400 shares, with a position value of around $153.93 million, a weighted average position price of $1,286.1, a current price of about $1,239.6, and a total unrealized loss of about $576,000.

Among them, the address starting with 0x0ad holds long positions in both MU and SNDK, with a total position value of approximately $143.92 million and an unrealized loss of about $600,000, making it the address with the largest position size and loss amount in this weekend's U.S. storage stock betting round;

In addition, the address starting with 0xfe7 holds a 10x leveraged long position of about $3.174 million in SNDK, currently with an unrealized loss of about $312,000. The two addresses above contribute to approximately $912,000 in losses, accounting for 76.5% of the overall unrealized loss.