Micron's financial report sparks a full-chain short squeeze in storage assets; three major short positions of whales that sold short at highs have combined losses of approximately $5.9 million.

According to Hyperinsight monitoring, a "sell on highs" whale has shorted all AI sector assets, with its main positions concentrated in short contracts for Micron Technology (MU), SK Hynix, and the DRAM index. After Micron’s earnings report triggered a sharp rally in the memory sector, the three short positions saw significant unrealized losses: MU (4x leverage): $7.26 million in size, average price $871, unrealized loss of $2 million; SK Hynix (SKHX, 4x leverage): $15.3 million in size, average price $1,461, unrealized loss of $3.13 million; DRAM (4x leverage): $4.37 million in size, average price $63.4, unrealized loss of $790,000. Total unrealized loss for the three positions is approximately $5.92 million. Currently, MU, SKHX, and DRAM are up 11.5%, 10.6%, and 9.6% on the day respectively. Whales holding these three on-chain assets still maintain a bearish stance, with nominal short/long ratios of 1.5, 1.4, and 1.75 respectively. The average entry costs of large holders are as follows: MU: Long whales’ average price is ~$1,066, short whales’ average is ~$894, current price is $1,220; SKHX: The average prices of long and short whales are almost identical, around $1,638, both below the current price of $1,876; DRAM: Long whales’ average price is ~$68.5, short whales’ average is ~$72.1, current price is ~$78.3. Address: 0x4c78a97cef589b01bb91dbf893fffa14243d2444