A whale that had taken a long position in a basket of tech and semiconductor stocks has fully exited the trade at a loss, according to on-chain analyst Ai Yi (@ai_9684xtpa), as cited by BlockBeats on July 17. The account posted a total loss of more than $10.4 million over the past 30 days. The trader had previously built a position worth $19.39 million across several popular semiconductor-related names, including MRVL, SNDK, SKHX, MU, NBIS, CRCL, and ZHIPU. Ai Yi said the largest losses came from Marvell Technology, SK Hynix, and SanDisk. The update points to a full liquidation of the whale’s semiconductor-heavy portfolio rather than a partial reduction. No additional position details were disclosed in the brief update.
BlockBeats reported on July 17 that, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), a whale that had gone long a basket of tech and semiconductor stocks has fully closed the position at a loss.
The account recorded an overall loss of more than $10.4 million over the past 30 days. It had previously held a $19.39 million position in a group of popular semiconductor stocks, including MRVL, SNDK, SKHX, MU, NBIS, CRCL, and ZHIPU. Ai Yi said the main losses came from Marvell Technology, SK Hynix, and SanDisk.
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