Storage sector stocks drop pre-market as top longs hold positions with profits

Chainthink

Release Time: 03/19/2026 10:11:05

Summary

On March 19, U.S. storage sector stocks dropped sharply pre-market, with MU down nearly 5% and SNDK over 5%. On-chain data shows the top long positions on Hyperliquid remain unchanged. The largest SNDK long (0x6ba) holds $7.15 million at $630, with a $840,000 profit. The top MU long, linked to Continue Capital (0x3e3), holds $6.63 million at $383, with an $850,000 profit. Top altcoins remain under active monitoring.

ChainThink news, on March 19, according to Hyperinsight monitoring, U.S. stock memory sector stocks experienced a collective pullback pre-market: MU (Micron Technology) fell nearly 5%, SNDK (SanDisk) dropped over 5%, and the two major标的 contracts on the Hyperliquid platform are currently priced at $440 and $715 respectively. Despite the sector’s pressure, both major long positions on-chain have not adjusted their positions:

SNDK's largest on-chain long (0x6ba): Position size of $7.15 million, current unrealized profit of approximately $840,000 (+30%), average entry price of $630, opened on March 11;

The largest long position on the MU chain, associated with Continue Capital (0x3e3): position size of approximately $6.63 million, current unrealized profit of $850,000 (+57%), average entry price of $383, opened on February 6.

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