A crypto whale opened a long position in MU with 10x leverage, totaling $4 million.
2026.06.29 16:23:31
According to Hyperinsight’s monitoring, over the past two hours, the whale codenamed "Commodities Trader" (0x9e8) on Hyperliquid—who previously pocketed $3.1 million from shorting crude oil—has opened a new 10x leveraged long position in MU (Micron Technology) worth $4 million, with an average entry price of roughly $1,155, and has now posted a small unrealized profit. On-chain large MU holders remain net bearish overall, with total positions of approximately $166 million: $67.45 million in longs and $98.17 million in shorts. The average entry price for whale long positions is $1,090.74, while that for short positions is $995.66. The recent short liquidation price stands at $1,352.65, and the recent long liquidation price is $738.42, meaning short liquidation pressure is likely to be released earlier than long liquidation pressure.
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