STOCKS | On-Chain Analyst Ai Yi Tracks Trader Opening Long Positions in Micron and SK Hynix

A wallet described as “smart money” shifted from short positions to long positions, opening about $8.38 million in Micron ($MU) longs and about $1.99 million in SK Hynix ($SKHX) longs, according to on-chain analyst Ai Yi. According to Odaily, the address had previously recorded cumulative profits of more than $5.293 million from long-short trading in U.S. stocks. Ai Yi said the wallet closed a basket of short positions early today, including $SNDK, $INTC, and $BTC, before switching to long exposure. The account also plans to add roughly $7 million more to its SK Hynix position if the stock falls back to around the 1,400–1,550 range, Ai Yi said.