A certain whale opened a 10x leveraged long position on MU, with a scale of $4 million.

BlockBeats News, June 29th, according to Hyperinsight monitoring, in the past 2 hours, the whale "Commodity Trader" (0x9e8) on Hyperliquid, who previously shorted oil and made a profit of $3.1 million, has opened a new 10x leveraged long position on MU (Micron Technology), with a scale of $4 million and an average entry price of around $1,155. The position is currently showing a slight unrealized gain.

Currently, the on-chain whales on MU are still leaning towards short positions, with a total position size of approximately $166 million, including $67.45 million in long positions and $98.17 million in short positions. The whale's average entry price for long positions is $1,090.74, and for short positions is $995.66. The most recent liquidation price for shorts is at $1,352.65, while for longs is at $738.42. The short positions may face liquidation pressure before the long positions.