According to Hyperinsight monitoring, open interest value for Micron (MU) on Hyperliquid decreased by $39.37 million to $173 million, while for SK Hynix (SKHX) it decreased by $64.12 million to $352 million, resulting in a combined outflow of $103 million in open interest. Open interest value for SanDisk (SNDK) increased from $88.12 million to $120 million, a 36.4% rise. New long positions in SNDK were favored, with one address adding $2.515 million in longs. MU saw a net increase of $841,000 in longs, with $2.858 million in new short positions added. For SKHX, million-dollar addresses net reduced longs by $6.811 million and net reduced shorts by $9.208 million. MU’s long position value stands at $46.108 million, with shorts at $66.543 million; SKHX’s long position value is $104 million, with shorts at $136 million; SNDK’s long position value is $37.441 million, with shorts at $46.782 million.
Hyperliquid: MU and SKHX lose $103M in open interest, SNDK gains 36.4%
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Summary
Open interest analysis on Hyperliquid shows Micron (MU) declining by $39.37 million to $173 million, while SK Hynix (SKHX) dropped $64.12 million to $352 million, resulting in a combined $103 million decrease. SanDisk (SNDK) rose 36.4% to $120 million, with new long positions from a single address adding $2.515 million. MU’s net longs increased by $841,000, while short positions rose by $2.858 million. Million-dollar addresses for SKHX reduced longs by $6.811 million and shorts by $9.208 million. MU’s longs now stand at $46.108 million, with shorts at $66.543 million; SKHX’s longs at $104 million, shorts at $136 million; SNDK’s longs at $37.441 million, shorts at $46.782 million. Value investing in crypto continues to monitor key position shifts.
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