A certain whale contra-traded the storage sector, longing Micron and Intel for $16.09 million
BlockBeats News, July 6th - According to ai9684xtpa, as the price of Samsung Heavy falls continuously during the trading day, a whale opened a long position of approximately $7.8 million in size on Samsung Heavy (SKHX) over 3x leverage half an hour ago. The entry price was around $1604, with a current holding of approximately 5095 contracts. The whale plans to add another position of around $6 million when the price drops to the $1400 to $1500 range.
At the same time, the account also holds a long position on Micron (MU) worth around $8.3 million over 4x leverage. Currently, the two long positions in the storage sector have a total unrealized loss of approximately $590,000.
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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