📰 【A major whale heavily long on the memory storage sector, with a total position value of $12 million】


BlockBeats news, May 9th, according to OnchainLens monitoring, whale "0x3Ed" added $2.67M USDC to HyperLiquid and opened a 20x leveraged position on EWY (iShares MSCI Korea ETF) and DRAM (Memory ETF). The whale currently still holds long positions in MU (Micron Technology) and SNDK (SanDisk), with a total value of $12 million, and an unrealized profit of $848k.

Spending $12 million on the memory storage sector, going all-in with 20x leverage on EWY and DRAM, daring to show off with less than 10% unrealized profit.

This kind of half-hearted position management, without even setting a risk control stop-loss line, is just providing liquidity to market makers.

True quant hunters never bet on a single track, and they would never add leverage when in profit.
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