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US Stock Storage Concept Stocks Tumble Across the Board in Pre-market Trading, Continue Capital Reduces Long Position in MU by Over $3 Million

2 hours ago

March 23rd — According to monitoring from HyperInsight, U.S. storage concept stocks are trading lower in pre-market hours. Micron Technology (MU) is down nearly 3.6%, while SanDisk (SNDK) has dropped over 2.6%. On the Hyperliquid platform, contracts for these two assets are currently priced at $407 and $693, respectively. The largest long position holder for MU — an address linked to Continue Capital (0x3e3) — continued reducing its MU long positions today. The position size fell from $6.6 million to $2.9 million, with unrealized profit narrowing to $680,000 at an average entry price of $190. Additionally, the largest long position holder for SNDK on Hyperliquid (address 0x6ba) has seen its unrealized profit pull back by roughly $200,000. The holder’s position size stands at $6.9 million, with an average entry price of $630.
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