Whale Cuts Semiconductor Longs, Misses $1.66M Recovery

ME AI message, according to Hyperinsight monitoring, the previously tracked "long semiconductor basket" whale closed out long positions in eight technology stocks primarily focused on semiconductors and memory on the morning of July 17, with a total notional value of approximately $17.869 million, resulting in accumulated realized losses of about $9.681 million. Of the eight assets, six have since recovered from their July 17 closing prices. The AI compute stock NBIS rebounded the most (+16.0%), followed by MRVL (+13.0%) and CRCL (+12.0%); among the memory stocks, MU (+10.3%), SNDK (+9.4%), and SKHX (+6.6%) showed moderate recovery; meanwhile, domestic stocks CXMT (-0.8%) and ZHIPU (-16.4%) remain below their July 17 exit prices, indicating this recovery was largely driven by U.S. and South Korean semiconductor performance. In hindsight, this exit occurred near a阶段性 low. Had the whale held its positions, the portfolio would have theoretically lost $1.6317 million less—equivalent to 17% of the original loss. Details per asset: - Marvell (MRVL): Average entry price $317.20, exit price $182.80, realized loss $4.309 million; could have reduced loss by $744,000; - SanDisk (SNDK): Average entry price $2,183.60, exit price $1,356.32, realized loss $1.909 million; could have reduced loss by $287,000; - SK Hynix (SKHX): Average entry price $1,620.20, exit price $1,175.30, realized loss $1.865 million; could have reduced loss by $338,000; - Micron Technology (MU): Average entry price $1,111, exit price $826.20, realized loss $510,000; could have reduced loss by $148,000; - Nebius (NBIS): Average entry price $253.80, exit price $166.50, realized loss $463,000; could have reduced loss by $144,000; - Circle (CRCL): Average entry price $76.59, exit price $60.20, realized loss $212,000; could have reduced loss by $95,100; - Zhipu (ZHIPU): Average entry price $287.10, exit price $182.20, realized loss $405,000; current unrealized loss has expanded to $531,400; - ChangXin Memory (CXMT): Average entry price $7.30, exit price $6.80, realized loss ~$5,808; current unrealized loss ~$6,576. Note: The rebound has only lessened the depth of losses—since the whale entered at highs, all eight assets remain significantly below their original entry prices, and even holding until today would not recover costs. ZHIPU and CXMT are currently still 16.4% and 0.8% below their exit prices respectively. For this whale, July (Source: BlockBeats)