TechFlow reported on June 12, citing Hyperinsight monitoring, that SanDisk closed up 14.5% and continued to reach new highs. The rally extended into the night session, with the intraday high once approaching $2,000. Over a two-month comparison period, SanDisk’s increase reached 131%.
SNDK ranks among Hyperliquid’s most active stock contracts
On Hyperliquid, the SNDK contract was quoted at $1,919. Its 24-hour trading volume reached $170 million, placing it among the most actively traded stock contracts on the platform. According to the same monitoring data, SNDK and MU, which refers to Micron Technology, were tied as the two most active stocks by daily trading activity on Hyperliquid.
The figures disclosed in the monitoring report focus on three points: SanDisk’s 14.5% closing gain, the night-session move that brought the high close to $2,000, and the 131% increase over two months. The report also highlighted the strong turnover in the SNDK contract during the latest trading window.
Early leveraged long position records large unrealized profit
Separate monitoring data showed that one trader entered SNDK early 65 days ago, opening a long position with 10x leverage and committing only $5,400. As of publication, the position had generated an unrealized profit of $89,900, representing a return of more than 1,650%.
The same trader also held a long position in MU. As of publication, that MU long position had also recorded an unrealized profit of more than 1,010%. The monitoring update did not disclose whether the trader had adjusted the positions, nor did it provide any closing plan for the holdings.