“Whale Tracking” Micron returns to the $1,000 range—TOP 1 long address posts a plan, with 10.36 million sell orders, to fully close and exit

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BlockBeats message, July 15, according to Hyperinsight monitoring, the 0x0ad-starting mega whale that had previously bet on a semiconductor rebound has recently increased its long position in Micron Technology (MU) to 9,984.704 shares, up about 96% from before, becoming Hyperliquid’s largest current MU long.

However, it has no intention to keep chasing the upside. Its two take-profit sell orders have all been placed above the cost line, with plans to exit at break-even. The whale currently holds about $9.949 million worth of MU long at 3x leverage, with an average entry price of $1005.134. After MU returned to $1000 during today’s intraday trading, it then dipped slightly to $996.325. After the position is temporarily unlocked, it is still down about $87,000 (-2.6%).

According to the open orders, the whale plans to clear its position in two batches above the cost line:

A sell order for 4984.704 shares is placed at $1036, amounting to about $5.164 million;

A sell order for 5000 shares is placed at $1038.5, amounting to about $5.193 million.

Combined, the two sell orders total 9,984.704 shares, or about $10.357 million, which exactly covers all MU long positions. If all orders are filled, the address will turn loss into profit and exit above the cost line; based on the order prices, the estimated realized gain would be about $321,000.

On the long side, another million-dollar-class MU long starting with 0x364 uses a similar setup. Its size is about $1.023 million, with an average entry price of $980.861, and it has already placed a take-profit sell order covering its entire position at $1,039. Both will use $1,040 as the concentrated profit-taking level ahead of before for this round of rebound.

Previous news: “Whale found” SK Hynix’s largest long entered with $2.7 million, and the floating loss has already reached $370,000

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SKHY11.36%
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