The "Silver Bullet Air Force" took a short position yesterday at the short-term high of SNDK and MU, benefiting from the pre-market drop and realizing objective gains.
BlockBeats News, April 2nd, according to Coinbob Popular Address Monitor data, pre-market slump of US stock storage concept stocks, in which MU (Micron Technology) dropped nearly 4%, SNDK (SanDisk) dropped over 4.1%, on Hyperliquid, the contract prices of these two assets are currently at $353 and $663, respectively.
The "Silver Iron Head Air Force," a whale focused on shorting, took advantage of yesterday's SNDK brief touch of the weekly peak of $707 to continuously short, deploying a total of $1.86 million in short positions, with an average entry price of $707.4, nearly at yesterday's price peak. As the pre-market price fell, the position's floating profit once reached $95,000, with a return rate of 24%, and has currently partially realized profits of about $498,000.
Also yesterday, the address opened short positions on MU at the average price of $376.2 at the peak of the price surge, with an initial size of $1.95 million. Currently, this short position has been fully closed with a profit of approximately $112,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
About 700,000 BTC have flowed out of exchanges in the past year.
Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
Copper prices approach historic highs! UBS remains bullish: "Still most optimistic"
Crypto prices
More
