Smart money returns to the storage sector, building positions of $27.5 million in MU and SKHX

BlockBeats News, September 8 - According to TradingBeats monitoring, the whale address starting with 0xc8b continues to trade storage sector targets. The address purchased Micron Technology (MU) at a scale of $14.135 million, with an average price of $1,055.1, currently showing an unrealized loss of approximately $313,000.

In the afternoon, after earning $810,000 in the previous round, the address re-entered SK Hynix (SKHX) at a scale of $13.38 million, with an average price of $1,341, currently showing an unrealized loss of approximately $56,000.

Currently, the combined value of the two long positions in storage stocks is approximately $27.1465 million, with a total unrealized loss of approximately $369,800. The address has placed sell orders to reduce positions:

MU: 100 orders totaling 13,397.3 units, with limit prices ranging from $1,100 to $1,120, approximately 4.3% to 6.1% above the average entry price;

SKHX: 100 orders totaling 9,749.1 units, with limit prices ranging from $1,370 to $1,390, approximately 2.2% to 3.7% above the average entry price.

During the same period, the address sold 77,887.35 HYPE tokens, realizing a loss of $192,100. It currently still holds 356,492 HYPE long positions, with a position value of approximately $29.926 million and an unrealized loss of approximately $704,000.

Previous report: "Whale Tracker" Two SKHX longs that entered yesterday begin taking profits, with combined gains of $1.2 million

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