Whale Adds $85.63M in Long Positions on SP500, MU, and SNDK, Now Facing $470K Unrealized Loss

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A whale address (0xaea…2416) added $7.29 million in USDC as margin and opened long positions in SP500, MU, and SNDK totaling $85.63 million, currently carrying a $470,000 unrealized loss. The SP500 position is leveraged 20x with 10,124.4 shares at $7,359.20 each; the MU position is leveraged 10x with 9,132.74 shares at $767.31 each; and the SNDK position is leveraged 10x with 4,693.39 shares at $1,067 each. Traders are now monitoring key support and resistance levels to evaluate potential adjustments to stop-loss strategies.

Odaily Planet Daily reports, according to on-chain analyst Aunt Ai, following a sharp decline in the U.S. stock storage sector last night, a large whale address (0xaea…2416) added $7.29 million in USDC margin this morning, then opened long positions on SP500, MU, and SNDK with a total value of $85.63 million, currently showing an unrealized loss of $470,000. Specifically, the 20x long on SP500 holds 10,124.4 shares, worth approximately $74.48 million, at an entry price of $7,359.20; the 10x long on MU holds 9,132.74 shares, worth approximately $6.77 million, at an entry price of $767.31, with a take-profit level at $877.44 and a stop-loss at $719.99; the 10x long on SNDK holds 4,693.39 shares, worth approximately $4.84 million, at an entry price of $1,067, with a take-profit level at $1,318 and a stop-loss at $984.99.

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