Lookonchain said a whale address beginning with 0xC8b5 has opened another long position in Micron (MU) stock contracts on Hyperliquid, even after losing $1.2 million on a previous MU long two days earlier. The new position is a 3x leveraged long with holdings of 24,827 MU, valued at about $21.86 million. At the time of the update, the position was showing an unrealized loss of more than $1.1 million. The trade marks a renewed bullish bet from the same address shortly after a large loss on the same contract.
According to Lookonchain, a whale address beginning with 0xC8b5 has gone long again on Micron (MU) stock contracts on Hyperliquid.
Two days earlier, the same whale lost $1.2 million on an MU long. It has now opened a new 3x leveraged long position, holding 24,827 MU worth about $21.86 million.
The position is currently down more than $1.1 million on an unrealized basis.
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