Whale Tracking: Top Long Address of Meiguang Reaches Break-Even at 1000 Yuan, Places 10.36 Million Sell Order to Liquidate Positions and Exit
1 hours ago
According to Hyperinsight monitoring, the whale starting with 0x0ad, which previously bet on a semiconductor rebound, has recently increased its long position in Micron Technology (MU) to 9,984.704 shares, an increase of approximately 96% from before, making it the largest MU long on Hyperliquid. However, the whale has no intention of chasing further gains; two take-profit sell orders have been fully placed above the cost line, with plans to exit at break-even. The whale currently holds around $9.949 million in MU longs with 3x leverage, at an average entry price of $1005.134. MU rebounded above $1000 intraday today before pulling back slightly, trading at $996.325. The position briefly broke even but now shows an unrealized loss of about $87,000 (-2.6%). Order data indicates the whale plans to liquidate its entire position in two batches above the cost line: a sell order for 4,984.704 shares at $1036, worth approximately $5.164 million; and a sell order for 5,000 shares at $1038.5, worth around $5.193 million. The two orders total 9,984.704 shares, roughly $10.357 million, exactly covering the entire MU long position. If fully executed, the address will exit at a profit above the cost line, generating an estimated gain of about $321,000 based on the order prices. On the long order side, another MU whale starting with 0x364, with a position size of over $1 million, has adopted a similar arrangement: its position is about $1.023 million, average entry price of $980.861, and has placed a take-profit order at $1039 covering its entire position. Both whales target the area before $1040 as the key exit point for this rebound. Previous news: "Whale Alert": The largest long on SK Hynix opened a position with $2.7 million, with an unrealized loss of $370,000. HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
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