Hyperliquid Trader Builds Leveraged Micron Position After U.S. Stock Sell-Off

A trader on Hyperliquid increased a leveraged long position in Micron Technology (MU) after a broad sell-off in U.S. stocks, according to monitoring data. According to BlockBeats On-chain Detection, Hyperinsight tracking showed that following the overnight market drop, the trader identified as yixie continued buying MU long positions near the bottom and ultimately completed the trade at an average price of $878.8. The position used 2x leverage and totaled 8,949 contracts. The same address also held a 2x leveraged long position in SK Hynix, opened two days earlier at an average price of $1,239.9. As of publication, amid a market rebound today, the two positions together showed an unrealized profit of $623,000. The address associated with the positions was 0xa65ce1d604fa901c13aa29f2126a57d9032e412b.