SNDK smart money made a precise bottom-fishing move at the end of July, currently sitting on an unrealized profit of $2.38 million.

September 23, according to TradingBeats monitoring, a whale address (0xdb09) on Hyperliquid continuously added to its position during the decline of SNDK in late July, among which from July 29 to 30, it bought 989.8 units at an average price of about $1,013.53, with a transaction amount of about $1 million. As of 19:03 on September 23, the price of SNDK has rebounded to about $1,876.8, up about 85% from the average price of this batch of additions.

It is reported that the address added about $748,600 at an average price of about $1,024.51 on July 29, and further added about $254,600 at an average price of about $982.55 the next day, with the lowest transaction price at $975.53. If the purchases from July 27 to 28 are included, its four-day cumulative new long position was about $3.63 million, and the holding quantity increased from about 3,124.79 units to 6,353.32 units.

Subsequently, the address reduced its position by about 26.55% at an average price of about $1,287.15 on August 4. Because the selling price was still lower than the comprehensive holding cost, this reduction recorded a loss of about $132,800. The remaining 4,666.55 long orders have continued to be held to date, with an average holding price of about $1,365.88, a position value of about $8.76 million, and a current unrealized profit of about $2.38 million.

In addition to SNDK, the address also simultaneously went long on SKHY (SK Hynix) and MU (Micron). Among them, the average holding price of SKHY is about $148.29, the position value is about $8.15 million, and the unrealized profit is about $1.82 million; the average holding price of MU is about $829.03, the position value is about $7.99 million, and the unrealized profit is about $1.92 million. The three storage stock contracts have a total position of about $24.91 million, with unrealized profit of about $6.12 million.