A certain whale has placed a $10 million take-profit order on SNDK, waiting to exit at a profit.

BlockBeats news, October 21 - The "smart money in storage" starting with 0x0ad9 previously completed 13 rounds of SanDisk SNDK trades, with 12 profits and 1 loss, netting approximately $2.816 million after fees and funding costs, but this round of renewed long positions remains unresolved.

The current long position was established on October 12 Beijing time, with an average buy price of $1,546.41 that day; as prices fell, the position was continuously averaged down, reducing the overall average price to $1,506.84.

As of press time, the whale holds 6,646.976 SNDK long positions worth approximately $9.259 million, with an unrealized loss of about $757,000.

It has currently placed a full take-profit order for this long position at a price of $1,510, amounting to approximately $10.037 million, which is only about 0.21% above the average entry price. Based on the mark price of $1,393, a rebound of about 8.4% is still needed to reach it.