US Tech Stocks Slip in Pre-market Trading, SNDK Sees Largest Single-day Long Position Drawdown of $500,000

BlockBeats News, March 26th, according to Hyperinsight monitoring, Google's compression technology paper continued to fuel market concerns about shrinking storage demand, and storage concept stocks fell again in pre-market trading, with SanDisk down nearly 4% and Micron Technology down nearly 3%. On the Hyperliquid platform, MU is currently trading at $371.5, a 24-hour decrease of 7.7%; SNDK is trading at $649.3, a 24-hour decrease of nearly 9%.

The largest long position in MU, held by an address associated with Continue Capital (0x3e3), saw its unrealized losses on MU long positions increase to $320,000, with a position size of approximately $8.08 million, an average price of $190, and a liquidation price of $159.9.

Furthermore, the largest long position in SNDK on Hyperliquid (0x6ba) experienced a roughly $500,000 retracement in intraday unrealized gains, with a position size of $6.53 million and an average price of $630.