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Two major whales opened new short positions worth $8.3 million in MU, likely anticipating the stock will continue to decline after its earnings report.

2 hours ago

According to Hyperinsight monitoring, ahead of Micron Technology (MU)’s earnings report, trading activity on Hyperliquid’s MU contract has surged significantly. The 24-hour trading volume is approximately $459 million, while open interest stands at $195 million. The contract price hit around $1,030 in the early hours of today before rebounding, and is now trading at $1,091. Between last night and this morning, two major on-chain short whales successively opened MU short positions, with a combined size of $8.3 million at an average entry price of around $1,071. They are currently facing small floating losses, and their latest liquidation line is at $1,470. The two addresses collectively hold $55.5 million in total US stock short positions, one of which belongs to well-known trader CBB. The addresses are: 0xda3768e9299e1fd81708ec030dac5ea37125f7b5; 0x49e96e255ba418d08e66c35b588e2f2f3766e1d0

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Bank of America: AI demand visibility has extended to 2028, with limited risk of oversupply in memory chips.

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Crude oil prices have extended their slump to a fresh recent low, as a major whale opened a $35.7 million short position on crude oil with 3x leverage.

According to Hyperinsight’s monitoring, WTI and Brent crude oil extend their recent downtrend, hitting new four-month lows. On Hyperliquid, WTIOIL (WTI Oil) is down approximately 1.63% in 24 hours, while BRENTOIL (Brent Oil) has fallen around 1.46% in the same period, erasing most gains since the start of the first U.S.-Iran conflict. A whale at Hyperliquid address 0x17c3 currently holds short positions in both CL and Brent Oil, opened four days ago, with an unrealized profit of $1.3 million. The CL short position is roughly $21.98 million in size, with an average entry price of $75.32; the Brent Oil short position is about $13.71 million, with an average entry price of $79.34. Full address: 0x17c3c8fdbcb7d1b240ce08965e09b1fc91cba868

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Serenity teases Reddit retail investors for launching a "Save Wendy's" campaign, with the WEN token surging over 20% in after-hours trading.

Serenity tweeted to mock the latest meme stock movement unfolding on Reddit’s high-risk trading community, targeting U.S. fast food chain Wendy’s. According to Bitget market data, Wendy’s (WEN) saw its night session surge over 20%, while the token has dropped more than 73% over the past five years. The Reddit high-risk trading community issued a meme warning: “If Wendy’s goes bankrupt, we’ll all be out of jobs, and after losing all our money in trades, we’ll have to work behind Wendy’s dumpsters.” Serenity later clarified that it holds no positions, just found the campaign amusing, adding “I don’t know if this initiative will succeed?” Wendy’s holds a special cultural status on Reddit’s WallStreetBets community; for years, “working behind Wendy’s dumpsters” has been a staple meme among retail investors to mock their trading losses.

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Serenity poked fun at Reddit retail investors for launching a "Save Wendy's" campaign, with WEN rallying over 20% in the overnight trading session.

Crypto figure Serenity tweeted to mock the latest meme stock movement unfolding on Reddit’s high-risk trading community, targeting U.S. fast-food chain Wendy’s. According to Bitget market data, Wendy’s (WEN) surged over 20% in its night trading session. The Reddit community joked in a meme: “If Wendy’s goes bankrupt, we’ll all be out of jobs, and after losing all our money in trades, we’ll have to work behind Wendy’s trash bins.” Serenity later clarified that he holds no positions, just found the situation amusing, adding, “I wonder if this campaign will succeed?” Wendy’s holds a special cultural status on Reddit’s WallStreetBets community; for years, “working behind Wendy’s trash bins” has been a running meme among retail investors to mock their trading losses.

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