A significant market player has capitalized on the downturn in the U.S. stock storage sector, securing over $620,000 in profits. According to HyperInsight, the whale, identified as 0xefd3a, executed substantial short positions on Micron and SanDisk via Hyperliquid. The trades involved shorting 9,510 shares of SanDisk, valued at approximately $12.35 million, and 7,380 shares of Micron, worth around $4.97 million, both at 3x leverage. This strategic move comes as the storage sector faces collective weakening.
Whale Nets Over $620K Shorting Micron and SanDisk Amid Storage Sector Slump
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