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U.S. stock storage sector surges: Micron Technology rises over 7%, a whale who accumulated long positions yesterday is now up $500,000 in unrealized gains.
BlockBeats message, April 1, according to Hyperinsight monitoring, overnight U.S. stocks in the storage chip sector surged broadly. SanDisk (SNDK) jumped more than 10%, and Micron Technology (MU) rose more than 7%.
Before the market rebound, on Hyperliquid, a giant whale starting with 0xa65 had already made early moves yesterday afternoon, opening a 3x leveraged MU long position. The entry average price was $322, the position size was $8.74 million, and upon opening the position it became the largest MU long on-chain. As the sector surged strongly today, the unrealized profit on this position has reached $504,000 (+15%).