Storage sector stocks decline in pre-market trading; top long positions remain unchanged

KuCoinFlash

Release Time: 03/19/2026 10:16:11

Summary

On March 19, U.S. storage sector stocks declined sharply pre-market, with MU down nearly 5% and SNDK over 5%. On-chain data shows the largest long positions for both remain unchanged. The largest SNDK long (0x6ba) holds $7.15 million at $630, with an $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 like SNDK and MU show mixed on-chain signals ahead of market open.

BlockBeats news, on March 19, according to Hyperinsight monitoring, U.S. semiconductor storage stocks plunged pre-market, with MU (Micron Technology) down nearly 5% and SNDK (SanDisk) down over 5%. The two major contracts on the Hyperliquid platform are currently trading 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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