A whale investor heavily bought into the storage memory sector, with a total position value of $12 million.
BlockBeats News, May 9th, according to OnchainLens data, the whale "0x3Ed" added $2.668 million USDC to Hyperliquid and opened a 20x leveraged long position on EWY (iShares MSCI South Korea ETF) and DRAM (Memory ETF).
The whale currently still holds long positions in MU (Micron Technology) and SNDK (SanDisk), with a total value of $12 million and an unrealized gain of $848,000.
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.
You may also like
US Stocks Movement | Some storage concept stocks rise, SK Hynix (SKHY.US) up over 1.8%
Some US-listed storage concept stocks are rising.

July Trade Data in Canada Likely to Reflect US Tariff Front-Loading, RBC Says
BridgeBio publishes DISCOVER-ATTR digital registry presentation on ATTR-CM data integration
U.S. Treasury Secretary: Oil Prices Will Drop
