$14.135 million Micron Purchase, SK Hynix Re-entry

A whale address has invested $14.135 million in Micron Technology (MU) and $13.38 million in SK Hynix through linked contracts. Both positions showed unrealized losses immediately after the purchase. The address acquired MU perpetual contracts at an average price of $1,055.1, resulting in an unrealized loss of approximately $313,000. After realizing a profit of about $810,000 from previous trades, this address also established a contract linked to SK Hynix. The average purchase price for the SKHX position was $1,341, with an unrealized loss of about $56,000. The nominal purchase amount for both positions totaled $27.515 million, with a combined value of approximately $27.1465 million and a total unrealized loss of about $369,800. There are 100 sell orders set for MU, and 100 sell orders for SKHX as well. The sell orders for both assets are interpreted as a trading structure aimed at reducing volume at specific price levels while maintaining positions. SKHX is a perpetual contract linked to SK Hynix traded on Hyperliquid, which does not involve holding actual stocks. This address realized a loss of about $192,100 by selling 77,887.35 units of Hyperliquid's own token HYPE. Currently, it holds a long position of 356,492 HYPE, with a position value of approximately $29.926 million and an unrealized loss of about $704,000.

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