Hyperliquid: Micron and SK Hynix positions drop $103M, SanDisk gains 36%

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Hyperliquid data shows that open interest for Micron (MU) decreased by $39.37 million to $173 million, while SK Hynix (SKHX) dropped by $64.12 million to $352 million. The combined decline totaled $103 million, representing decreases of 18.5% and 15.4%, respectively. The Fear & Greed Index may be influencing traders, as shifts in open interest suggest a retreat from bets on the memory chip sector. SanDisk (SNDK) defied the trend, with open interest rising 36%.

According to Hyperinsight monitoring, over the past 24 hours, the open interest value of Micron (MU) on Hyperliquid decreased by approximately $39.37 million to $173 million; for SK Hynix (SKHX), it dropped by approximately $64.12 million to $352 million. Together, these two assets saw a combined outflow of approximately $103 million in open interest, representing declines of 18.5% and 15.4%, respectively.

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