Whale Opens Leveraged Micron Long on Hyperliquid as Shares Swing Sharply

A whale address opened a large leveraged long position in Micron Technology (MU) on Hyperliquid about a day earlier and is currently the platform’s largest MU long holder. According to BlockBeats On-chain Detection, Hyperinsight monitoring shows the address holds a 3x long position in xyz:MU worth $23.14 million, with an average entry price of $924.95 and a liquidation price of $401.71. The position was showing an unrealized loss of about $203,000, or 2.63%. The same address also holds long positions in MRVL and SKHX, bringing total position value to $26.08 million, while the account’s total value stands at $14.89 million. Micron shares have seen sharp volatility recently. The stock has risen more than 230% so far this year, then pulled back about 12% after reaching a record high of $1,079 on June 3. By Wednesday’s U.S. market close, Micron fell 4.70% to $891.88. The address is 0x9dcf1c87b82a35519a430457c1157f21e68f302d.