"Whale Tracking" $130 million short position shifts focus to storage, tech stock short weighting lowered

BlockBeats news, November 5th, according to TradingBeats monitoring, the whale tracked starting with 0x0242 recorded a net account gain of approximately $14.09 million over the past week, including realized gains and changes in unrealized P&L on positions. During the same period, account equity rose from about $20.02 million to $34.11 million, an increase of approximately 70.4%.

The whale's profit focus is shifting toward storage. After net adding about $6.83 million in short positions on Micron and SanDisk yesterday, the combined unrealized profit on the two existing short positions rose from about $2.86 million at midday yesterday to about $4.22 million this morning, an increase of about $1.36 million. Among them:

- SanDisk: short position value about $16.79 million, average entry price $1,224.80, unrealized profit about $3.51 million, surpassing Intel to become the position with the highest unrealized profit in the account;

- Micron: short position value about $9.09 million, average entry price $839.54, unrealized profit about $710,000, roughly 3 times that at midday yesterday.

Including the short positions in SK Hynix Korean shares, the DRAM index, and ChangXin Technology, the five storage-related contracts combined have unrealized profit of about $6.52 million, with their share of total unrealized profit on all short positions rising from about 35% yesterday to 46%.

At the same time, some profits on short positions in tech stocks have been given back. The Intel short position currently has unrealized profit of about $3.28 million; the Google short position's unrealized profit fell from about $2.11 million yesterday to about $1.03 million, while still holding about $19.99 million in Google short positions.

Currently, the whale still holds 35 short positions worth a total of about $133 million, with unrealized profit of about $14.14 million; it also retains about $8.52 million in long positions. Including the long positions, total net unrealized profit across all contract positions is about $14.45 million, close to yesterday's approximately $14.58 million.