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.
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