Micron, the undefeated champion after 11 rounds, is ready to acquire SNDK at a low price, planning to invest $7.5 million.

BlockBeats News, August 5th, according to TradingBeats (formerly Hyperinsight) monitoring, the largest open order before Sandisk's financial report came from an address that had already completed profit-taking and liquidation, smart money address 0x0ad.

Last night, this address took profit at an average price of about $1390 for 3890.8 SNDK, with a transaction volume of about $5.408 million, realizing a profit of about $401,000. In this round, it captured approximately an 8% SNDK price increase.

Subsequently, the address placed two additional buy orders at $1187 and $1300, planning to acquire 5952.3 SNDK, with a nominal value of about $7.5 million and a weighted order price of around $1260. The order price range is 9.9% to 17.8% below the current price.

If all orders are filled, its next round of holdings will increase by about 53% compared to the previous round. The planned investment amount is 38.7% higher than the closing transaction amount in this round, aiming to restart a larger long position at a lower cost.

Completed transaction records show that since the high activity on June 25th, this address has been profitable in all 11 rounds of major trades in MU and SNDK, with a cumulative net profit of about $2.83 million. In all records, it has won 14 out of 16 rounds in MU and SNDK, with a win rate of 87.5% and a total net profit of about $5.634 million. Among these, SNDK has participated in 9 rounds, winning 8 times, with only one loss of less than $1,000.

Additional data: SNDK is currently priced at $1443.6, up approximately 9.7% in the last 24 hours, with a trading volume of about $4.32 billion and open interest value of about $1.38 billion. The hourly funding rate has changed from negative to positive in the afternoon and is now about +0.0006%. Sandisk will release its financial report and hold a conference call in the early morning Beijing time tomorrow.