Micron jumps 19%, with some adding more, while others quietly cash out

Every time the market goes wild, there are always people slipping away quietly while everyone is celebrating. Micron surged nearly 20% yesterday, posting its biggest single-day gain since 2011. On-chain, I noticed an interesting phenomenon: on the same day, one address just spent 15.10 million USDC to aggressively buy 238.8k HYPE at an average price of $63.25, while another address sold 151.5k HYPE and then continued to post limit sell orders, with target prices ranging from $63.45 to $70.55. Although this isn’t directly related to the US stock market, it shows that the asset-allocation direction of the same batch of whale players is already seriously diverging.

From a macro perspective, the bulls’ main reason is that AI infrastructure demand has only just started. NVIDIA’s CEO said last week, “We are at the beginning of the AI wave.” In addition, the storage industry has entered into long-term supply agreements—unprecedented in industry history—which could help curb the big swings of the past. The bears, however, worry that the rally is too fast. The stock has risen 8 times over the past year, and any pullback could be brutal. UBS’s target price is high, but they also acknowledge that if high-bandwidth storage demand weakens, the share price could fall back below $250.

My own strategy right now is to hold part of my position while keeping cash ready. When market consensus is too high, don’t rush to go all-in. If in early June the US and Iran really sign a peace agreement, causing oil prices to crash, there may be a better opportunity to add to positions. The biggest mistake in investing is watching others make money and then FOMO-chasing the highs—only to wait for a pullback later.

#Micron’s market cap surpasses $1 trillion
$MU