US stock storage sector rises in pre-market trading, on-chain whale opens new 1.37 million USD SNDK long position

Gate News, March 16 — According to Hyperinsight monitoring, U.S. stock storage and optical communication concept stocks collectively rose before the market opened. Among them, Micron Technology (MU, U.S. memory chip manufacturer) and SanDisk (SNDK, U.S. flash storage device manufacturer) both saw contract increases of nearly 4% on Hyperliquid, currently trading at $444.5 and $686.5 respectively.

Two hours ago, a whale starting with 0xb83 opened a new SNDK long position with 4x leverage within the past two hours, holding approximately $1.37 million at an average price of $688.5.

Additionally, the address associated with Continue Capital, which has been consistently bullish on this sector (0x3e3), still holds about $15 million in related positions, including $8.3 million in NVDA long positions and $6.7 million in MU long positions, with an overall unrealized profit of $547,000.

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