A semiconductor short seller reduced their positions by nearly $10 million, concentrated in SOXL and Sandisk.

According to TradingBeats monitoring, a crypto whale that began shorting SanDisk on October 15 nearly liquidated its entire SanDisk short position early today, after holding the position for about 25 days, while sharply cutting its stake in triple-leveraged semiconductor ETF SOXL. The two trades combined generated a closing profit of approximately $2.412 million. Specifically, the SanDisk short position was almost fully covered, totaling $5.418 million, with a realized profit of around $1.446 million, at an average closing price of $885.8. The SOXL short position was covered by nearly 70%, amounting to $4.272 million, yielding a profit of about $965,000, with an average closing price of $54.18. After taking profits, the whale still retains short positions in the storage and semiconductor sectors. Current main remaining positions include: - Micron (MU): Short position valued at approximately $5.761 million, average entry price $823.03, unrealized profit of around $747,000; - Intel (INTC): Short position worth $3.491 million, average entry price $67.44, unrealized profit of about $523,000; - SOXL: Short position valued at $2.058 million, average entry price $66.42, unrealized profit of roughly $433,000. On the long side, the address still holds a long position in Moderna (MRNA) worth around $3.177 million, with an average entry price of $207.66, unrealized profit of approximately $731,000, and a position return of about 89.6%. Additionally, it holds short positions in Bitcoin (BTC) worth about $12.42 million and HYPE worth $7.63 million, with unrealized profits of roughly $369,000 and $1.627 million respectively.