Whale Continues Trading Memory Stocks and Hyperliquid HYPE Position on September 8

A whale address starting with 0xc8b continued trading storage-sector stocks on September 8. According to BlockBeats On-chain Detection, the address bought Micron Technology (MU) for $14.135 million at an average price of $1,055.1, leaving an unrealized loss of about $313,000. In the afternoon, after previously booking a profit of $810,000 in the last round, the address bought SK Hynix (SKHX) again for $13.38 million at an average price of $1,341, with an unrealized loss of about $56,000. The two long positions in memory stocks are now worth about $27.1465 million in total, with combined unrealized losses of about $369,800. The address has also placed reduction sell orders, including 100 MU orders totaling 13,397.3 shares in the $1,100 to $1,120 range, about 4.3% to 6.1% above the entry price. For SKHX, it has placed 100 orders totaling 9,749.1 shares in the $1,370 to $1,390 range, about 2.2% to 3.7% above the entry price. During the same period, the address sold 77,887.35 HYPE and realized a loss of $192,100. It still holds 356,492 HYPE long positions worth about $29.926 million, with an unrealized loss of about $704,000. Earlier reports said two SKHX longs entered yesterday had begun taking profits, with combined gains of $1.2 million. TradingBeats, an on-chain perpetuals and address analysis tool, has also launched and supports real-time Hyperliquid data tracking.