A major whale increases holdings against the trend in the storage sector, going long on SK Hynix and Micron with $16.09 million
BlockBeats news, on July 6, according to monitoring by ai9684xtpa, as SK hynix continued to pull back during trading, a certain whale opened a SK hynix (SKHX) 3x long position worth about 7.8 million dollars half an hour ago, with an opening price of around 1,604 dollars. The current exposure is about 5,095 contracts, and the whale plans to add another position of approximately 6 million dollars if the price falls to the 1,400 to 1,500 dollar range.
At the same time, the account also holds a 4x long position in Micron (MU) worth about 8.3 million dollars. The two long positions in the storage sector currently have a combined unrealized loss of around 590 thousand dollars.
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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