"Whale Tracking" Smart Money New Plan: Exiting Micron Long Position Starting at $1,050

BlockBeats news, September 10th, according to TradingBeats monitoring, an address starting with 0xc8b5 that profited nearly $11 million from SK Hynix has set take-profit plans for its storage long positions for two consecutive days, totaling $34.708 million, including: yesterday's SK Hynix SKHX reduce-only sell orders, and today further adding approximately $15.975 million in take-profit orders for Micron MU.

Yesterday at 15:41, the address placed 100 SKHX "reduce-only" sell orders between $1,450 and $1,500, totaling approximately 9,663.8 shares, $14.254 million. Currently, these orders remain, essentially covering its entire SKHX long position.

Today at 00:39, the address added 100 MU "reduce-only" sell orders between $1,050 and $1,080, totaling 15,000 shares, $15.975 million. Combined with previous orders, its MU reduce-only sell orders increased to 186, distributed between $1,049 and $1,080, totaling approximately $20.454 million, covering all 19,257.65 shares of its MU long position.

MU is currently trading at approximately $1,023.2, needing a rebound of about 2.5% to 5.6% to enter its take-profit order range.

Currently, the address's SKHX long position is approximately $13.372 million, with unrealized profit of about $413,000; MU long position is approximately $19.704 million, with an average entry price of $1,037.19, still showing an unrealized loss of about $269,000.

Previous news: "Whale Tracking" Storage smart money plans to take profit on SK Hynix at $1,415

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