Pre-market decline continues in the U.S. storage sector, with SNDK's largest long position losing $500,000 in a single day.

BlockBeatNews

BlockBeats News, March 26 — According to Hyperinsight monitoring, concerns over shrinking storage demand due to Google’s compression technology paper continue to affect the market. Storage concept stocks declined again before the market open, with SanDisk down nearly 4% and Micron Technology down nearly 3%.

On the Hyperliquid platform, MU is currently priced at $371.5, down 7.7% over the past 24 hours; SNDK is at $649.3, down nearly 9% over the past 24 hours.

Additionally, the largest long position in MU, associated with Continue Capital (address 0x3e3), has an unrealized loss of $320,000. The position size is approximately $8.08 million with an average price of $190, and a liquidation price of $159.9.

Furthermore, the largest long position in SNDK on Hyperliquid (address 0x6ba) has seen an intraday profit withdrawal of about $500,000. The position size is $6.53 million with an average price of $630.

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