SNDK smart money made an accurate bottom entry at the end of July, with current unrealized profits of $2.38 million.

Per TradingBeats’ monitoring, a whale address (0xdb09) on Hyperliquid steadily added long positions in SNDK during the token’s late-July price dip. Between July 29 and 30, it purchased 989.8 units at an average of ~$1,013.53, totaling ~$1 million in transaction volume. As of 19:03 on September 23, SNDK has rebounded to ~$1,876.8, an 85% gain from the average entry price of that batch. The address added ~$748,600 worth of SNDK at an average of ~$1,024.51 on July 29, then another ~$254,600 at ~$982.55 the next day—its lowest fill hit $975.53. Including buys from July 27-28, its four-day total new long position in SNDK reached ~$3.63 million, lifting holdings from ~3,124.79 units to 6,353.32 units. On August 4, it cut ~26.55% of its SNDK position at an average of ~$1,287.15. Since the sell price remained below its average holding cost, this reduction resulted in a ~$132,800 loss. The remaining 4,666.55 long units have been held since, with an average entry of ~$1,365.88, a position value of ~$8.76 million, and ~$2.38 million in unrealized profit. Beyond SNDK, the address also holds long positions in SKHY (SK Hynix) and MU (Micron): SKHY’s average holding is ~$148.29, position value ~$8.15 million, unrealized profit ~$1.82 million; MU’s average holding is ~$829.03, position value ~$7.99 million, unrealized profit ~$1.92 million. Combined, the three semiconductor storage contract positions total ~$24.91 million, with aggregate unrealized profit of ~$6.12 million.