A certain trader with a heavy short position in the US AI sector now has a floating profit exceeding $30 million.

BlockBeats news, November 6th, according to Lookonchain monitoring, a whale with a heavy short position in US stocks has seen most of its short positions turn profitable, primarily betting against the AI, semiconductor, and memory chip sectors, with total unrealized profits exceeding $30 million.

Its short position in SanDisk has an unrealized profit of $6.36 million, short position in Intel has an unrealized profit of $4.03 million, short position in the 3x Long Semiconductor Index (SOXL) has an unrealized profit of $2.33 million, and short position in Micron has an unrealized profit of $2.25 million.