SNDK Experiences Significant Surge Amid High Trading Volume

SNDK saw a substantial increase of 10% in the previous trading session, maintaining its high position during the night. According to BlockBeats On-chain Detection, the SNDK contract on the Hyperliquid platform is currently priced at $1,540, with a daily trading volume reaching $101 million. In this surge, the most profitable on-chain long position was held by address 0x7b5, which leveraged 10 times to go long on 2,050.7 SNDK contracts, resulting in an unrealized profit of $700,000. This address initially invested $246,000 in April, with an average entry price of $1,199, and has now achieved a 284% return on the principal.