Polymarket Trader Longs on SanDisk Earnings Beat, Simultaneously Opens 10x Leveraged SNDK Long Position
August 5th, according to TradingBeats (formerly Hyperinsight) monitoring, Polymarket trader "TruongMyLan" entered the market today at noon with 53.35 USD, buying "Will SNDK's Q3 Earnings Report Beat Expectations" Yes at an average price of 94 cents. At this point, the market has almost formed a consensus on this. Before the purchase, the Yes odds had been maintained at around 95% for the previous hour, and there was no significant change after the transaction.
On-chain control relationships show that "TruongMyLan" can be mapped to a 0x1c4 starting Hyperliquid address. About 4 hours and 11 minutes before the predicted bet, the trader completed 18 consecutive purchases, building 122.5 SNDK long positions with an average price of 1428.7 USD, with a total transaction volume of approximately 175,100 USD.
As of the time of writing, the address holds approximately 177,600 USD worth of SNDK long positions with 10x leverage, occupying about 17,800 USD in margin, equivalent to 46.5% of the account equity. The current unrealized profit is around 2,560 USD, with a return rate of about 14.6%, and a liquidation price of 1,079.6 USD.
After opening the position, a full liquidation stop-loss was set at 1,286.4 USD; in the afternoon, 100 sell orders were densely placed in the range of 1,559 to 1,653 USD, planning to sell 121.4 positions, nearly covering the entire position with no additional orders to increase the position.
In the past 30 days, the trader has completed 4 rounds of SNDK trades, with a record of 3 wins and 1 loss, accumulating profits of around 26,600 USD, with a total of 61 earnings report predictions on Polymarket.
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