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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

PORTAL (Portal) up 37.00% over the past 24 hours

Gate News update: On April 21, according to Gate market data, as of the time of writing, PORTAL (Portal) is trading at $0.01548. It is up 37.00% over the past 24 hours, with a high of $0.01636 and a low of $0.01142. The 24-hour trading volume is $0.6021 million. The current market cap is approximately $11.7307 million. Portal is a cross-chain gaming platform, and its mission is to attract more players to join Web3.0. This update does not constitute investment advice. Investing involves risks, including market volatility.

GateNews46m ago

TradFi Fall Alert: ZHIPU (ZhiPu 02513.HK) Falls Over 4%

Gate News: According to the latest Gate TradFi data, ZHIPU (ZhiPu 02513.HK) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews1h ago

HELLO (HELLO Labs) surges 86.31% in 24 hours

Gate News update, April 21, according to Gate market data, as of the time of writing, HELLO (HELLO Labs) is trading at $0.00317. Within the past 24 hours, it has risen 86.31%, reaching a high of $0.00348 and a low of $0.00176. The 24-hour trading volume is $64.4k. The current market cap is approximately $1.6864 million. HELLO Labs is the future of cryptocurrency and entertainment— a Web3-native ecosystem that supports incubating, producing, funding, and releasing original programs, games, and NFTs. The $HELLO token is at the core of the Web3 ecosystem. $HELLO is used to access exclusive content, play games, and buy NFTs in the HELLO marketplace. This news is not investment advice; investment involves risks and you must consider market volatility.

GateNews1h ago

TradFi Rise Alert: TW88 (MSCI Taiwan) Rises Over 1.5%

Gate News: According to the latest Gate TradFi data, TW88 (MSCI Taiwan) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews2h ago

GT up 3.08% in 24H, current price 7.34 USDT

Gate News bot message, Gate market shows, GT is up 3.08% in the past 24 hours, with a current price of 7.34 USDT.

CryptoRadar3h ago

Dogecoin Holds $0.094 as X Cashtags Drive Market Attention

Key Insights Dogecoin holds above $0.094 despite market weakness as Bitcoin and Ethereum stabilize, reflecting resilience and sustained demand across major cryptocurrencies during the consolidation phase. X launches smart cashtags enabling real-time crypto and stock tracking, improving marke

CryptoNewsLand9h ago
Comment
0/400
No comments