The US stock storage sector continues to decline before the market opens, with SNDK's largest long position in the storage sector losing $500,000 in a single day.

MarsBitNews · 2026-03-26T09:26:00+00:00

Mars Finance reports that Google's compression technology paper has sparked market concerns over storage demand, leading to a decline in storage concept stocks such as SanDisk and Micron Technology, which fell nearly 4% and 3%, respectively. Hyperliquid platform data shows MU and SNDK dropped by 7.7% and nearly 9%, respectively. Several major holders are experiencing significant unrealized losses.

MarsBitNews

2026-03-26 09:26:00

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Mars Finance News, March 26 — According to Hyperinsight monitoring, concerns over storage demand contraction persist following Google’s compression technology paper, causing storage concept stocks to decline again before market open. SanDisk fell nearly 4%, Micron Technology dropped nearly 3%. On the Hyperliquid platform, MU is currently priced at $371.5, down 7.7% over 24 hours; SNDK is at $649.3, down nearly 9% over 24 hours. The largest MU long position, associated with Continue Capital (address 0x3e3), has an unrealized loss of $320,000, with a position size of about $8.08 million at an average price of $190, and a liquidation price of $159.9. Additionally, the largest SNDK long position on Hyperliquid (address 0x6ba) has seen an intraday unrealized profit retreat of approximately $500,000, with a position size of $6.53 million at an average price of $630.

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