A whale address starting with 0xc8b continued trading storage-related names, according to TradingBeats data cited by BlockBeats on Sept. 8. The wallet bought Micron Technology (MU) for $14.135 million at an average price of $1,055.1, leaving the position down about $313,000. Later in the day, after booking an $810,000 profit in the previous round, the same address re-entered SK Hynix (SKHX) with a $13.38 million buy at an average price of $1,341, for an unrealized loss of roughly $56,000.
The two storage longs are now worth about $27.1465 million in total, with combined unrealized losses of around $369,800. The wallet has already placed 100 scale-out sell orders for each name. For MU, it listed 13,397.3 shares across the $1,100-$1,120 range, or about 4.3% to 6.1% above entry. For SKHX, it placed 9,749.1 shares across $1,370-$1,390, around 2.2% to 3.7% above cost.
At the same time, the address sold 77,887.35 HYPE at a realized loss of $192,100. It still holds a long position of 356,492 HYPE worth about $29.926 million, with an unrealized loss of roughly $704,000.
A whale address starting with 0xc8b kept trading storage names, according to TradingBeats monitoring cited by BlockBeats on Sept. 8.
The wallet bought Micron Technology (MU) in a $14.135 million trade at an average price of $1,055.1, leaving the position down about $313,000. Later in the day, after making $810,000 in the previous round, the same address re-entered SK Hynix (SKHX) with a $13.38 million buy at an average price of $1,341. That position was showing an unrealized loss of roughly $56,000.
The two storage-stock longs are currently worth about $27.1465 million combined, with total unrealized losses of around $369,800.
Sell orders already placed
The address has set up scale-out sell orders for both positions. For MU, it placed 100 orders covering 13,397.3 shares, with offer prices ranging from $1,100 to $1,120. That is about 4.3% to 6.1% above the average entry price.
For SKHX, the wallet also placed 100 orders, covering 9,749.1 shares, in a $1,370 to $1,390 range. Those levels are about 2.2% to 3.7% above the entry price.
HYPE position remains open
Over the same period, the address sold 77,887.35 HYPE and realized a loss of $192,100. It still holds a long position of 356,492 HYPE, valued at about $29.926 million, with an unrealized loss of roughly $704,000.
An earlier update said two SKHX longs that entered yesterday had started taking profit, locking in a combined $1.2 million gain.
TradingBeats said its on-chain perpetuals and address analysis tool is now live, with support for real-time Hyperliquid data, whale tracking and address-level tracing.
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