「Whale Watching」 Stocks Plunge in Pre-market Trading as Whale's $23 Million Dip Buy Order Partially Filled

BlockBeats News, August 3rd, according to TradingBeats (formerly Hyperinsight) monitoring, the pre-market storage stock in the US once again fell. Compared to the initial tracking this afternoon, MU, SNDK, and SKHX fell by about 4.6%, 4.7%, and 2.1%, respectively. The $23.676 million dip-buying orders deployed by the three TOP 1 whales earlier today have started to unwind.

Among them, the MU "reversal" whale's order was executed first. It completed 17 purchases in the $797.75 to $805.17 range, covering a total of 563 MU shorts, with a transaction amount of about $451,000, an average price of $801.46, resulting in a loss of about $33,300.

Currently, its MU short position has decreased from 1822.2 to 1259.3 shares, a reduction of about 30.9%; with a remaining unrealized loss of about $70,000. The whale still holds 80 buy orders in the $600 to $795.28 range, planning to continue buying 11,300 MU shares, with the remaining order amounting to about $7.855 million. If all subsequent orders are filled, the whale will close out the remaining short positions and hold about 10,000 long positions in MU.

The low-buy orders of the other two whales have not been triggered yet:

SKHX "empty" whale: still has no positions, with 10 buy orders in the $991.22 to $1016.60 range, planning to invest about $10 million; the highest pending order is still about 5.4% below the current price.

SNDK "flatten" whale: continues to hold 6353.3 SNDK long positions, with a position value of about $7.526 million, an average entry price of $1365.9, currently with an increased unrealized loss of about $1.152 million; it holds 64 additional position-increasing orders in the $523 to $968.45 range, totaling about $5.37 million, with the highest pending order still about 18.2% below the current price.

The three individuals currently have a total of 154 buy orders waiting to be filled, with a remaining notional amount of about $23.225 million. At the same time, the total trading volume of the three major targets in the past 24 hours is about $899 million, and the total open contract value is about $610 million.

Previous News: Storage "Big Three" TOP 1 Whale Orders Overview, $23.60 Million Funds All Waiting for Storage Stocks to Fall