As Micron's earnings report approaches, a certain on-chain whale opens a $10.5 million long position with 10x leverage
BlockBeats news, on June 22, according to Hyperinsight monitoring, as of press time, the 24-hour trading volume of MU on Hyperliquid is about $62.43 million, with a 12-hour increase of approximately 2.13%. On the news side, the storage sector is strengthening, Micron announced its earnings this week, and Citi raised its target price to $1,200.
A whale address 0x3200 on Hyperliquid opened a new 10x leveraged long position in MU today, with a position value of approximately $10.57 million and an average entry price of 1169.1. Meanwhile, large MU positions remain predominantly short, with short positions around $72.84 million and longs at about $40.01 million, making shorts about 1.82 times larger than longs.
Address: 0x32008fcb6bbd16532afc83ca8b6c920dde22c407
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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