Weekend Update: Whale Places $100 Million Long Bet on MU and SNDK, 7 Addresses Pool Together $30 Million to Short with No One Taking the Other Side

August 3rd, according to TradingBeats (formerly Hyperinsight) monitoring, since the close last Friday to the present weekend, the million-dollar level holdings of Micron Technology (MU) and SanDisk (SNDK) involved a total of 7 addresses. As of pre-market trading in the U.S. stock market, all the above addresses are holding long positions, and not a single million-dollar level short position has appeared.

The current value of the above long positions totals approximately $29.297 million, with an overall unrealized loss of about $1.193 million; 5 out of the 7 addresses are already in a loss. Specific information:

Micron Technology: 4 addresses collectively hold long positions of 17,000 shares, with a position value of around $139.04 million, a weighted average position price of $871.6, a current price of about $834.6, and a total unrealized loss of about $617,000;

SanDisk: 5 addresses collectively hold long positions of 12,400 shares, with a position value of around $153.93 million, a weighted average position price of $1,286.1, a current price of about $1,239.6, and a total unrealized loss of about $576,000.

Among them, the address starting with 0x0ad holds long positions in both MU and SNDK, with a total position value of approximately $143.92 million and an unrealized loss of about $600,000, making it the address with the largest position size and loss amount in this weekend's U.S. storage stock betting round;

In addition, the address starting with 0xfe7 holds a 10x leveraged long position of about $3.174 million in SNDK, currently with an unrealized loss of about $312,000. The two addresses above contribute to approximately $912,000 in losses, accounting for 76.5% of the overall unrealized loss.