Huoju Capital reports that on August 3, according to Hyperinsight monitoring, over the past 24 hours, open interest value for Micron (MU) on Hyperliquid decreased by approximately $39.37 million to $173 million; for SK Hynix (SKHX), it dropped by about $64.12 million to $352 million. Combined, these two assets lost approximately $103 million in open interest, representing declines of 18.5% and 15.4%, respectively. During the same period, SanDisk (SNDK) saw its open interest value rise from approximately $88.12 million to $120 million, an increase of $32.11 million (+36.4%), making it the only one among the three storage giants to record growth in open interest. Over the past 24 hours, SNDK rose approximately 0.6%, MU increased about 0.3%, while SKHX declined roughly 1.1%; SNDK outperformed MU by 0.3 percentage points and SKHX by 1.7 percentage points. Large-position wallet activity shows: SNDK: New positions are predominantly long. Over the past 24 hours, one address added approximately $2.515 million in long positions, with no single address exceeding $1 million in long reduction or new short positions detected. MU: Two addresses collectively added $3.428 million in long positions, while two other addresses reduced longs by $2.587 million, resulting in a net increase of approximately $841,000 in longs; during the same period, two addresses initiated new short positions totaling approximately $2.858 million, indicating a bias toward shorting. SKHX: No new addresses detected; existing large holders continue deleveraging. Million-dollar-class addresses recorded a net reduction of $6.811 million in longs and a net reduction of $9.208 million in shorts. Top capital is adopting a defensive stance: - MU: 14 longs and 18 shorts; long value totals approximately $46.11 million, short value totals approximately $66.54 million; - SKHX: 37 longs and 42 shorts; long value totals approximately $104 million, short value totals approximately $136 million; - SNDK: 12 longs and 10 shorts; long value totals approximately $37.44 million, still below short value of $46.78 million.
Hyperliquid Data: Micron and SK Hynix Lose $103M in Positions, SanDisk Gains 36%
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Summary
Hyperliquid data shows Micron (MU) and SK Hynix (SKHX) lost $103 million in open interest over 24 hours, while SanDisk (SNDK) gained 36.4% to $120 million. Micron’s open interest fell 18.5% to $173 million, and SK Hynix’s dropped 15.4% to $352 million. SanDisk outperformed both in price and position growth. The Fear & Greed Index remains bearish as large-cap memory stocks face profit-taking.
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