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SanDisk closes up 14.5% to continue hitting new highs, with an early trader who entered the market showing unrealized gains of over 1650%.
Deep Tide TechFlow news: On June 12, according to monitoring by Hyperinsight, SanDisk closed up 14.5% to a new high. The after-hours session continued the rally, and the intraday high at one point nearly approached $2,000. The two-month period saw a 131% increase on a quarter-over-quarter basis.
On the Hyperliquid platform, the SNDK contract is currently priced at $1,919, with a 24-hour trading volume of $170 million. It ranks as one of the two most actively traded stocks on the platform, alongside MU (Micron Technology).
According to monitoring as well, a trader entered early 65 days ago, opening an SNDK long position with 10x leverage, investing only $5,400. As of the time of writing, the position is showing an unrealized profit of $89.9k, with a return exceeding 1650%. In addition, they are also holding MU long positions, with unrealized gains also exceeding 1010%.