Whale Opens $29M Long Positions in Semiconductor Stocks Including SNDK and MRVL

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SNDK
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MRVL
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WHALE
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SKHYNIX
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On November 4, a whale opened $29.07 million in long positions, focusing on semiconductor stocks including SanDisk (SNDK), Marvell (MRVL), and SK Hynix (SKHX), all at 3x leverage. SanDisk accounted for $14.81 million at $1,123.31, generating a $137,000 floating profit. Marvell represented $7.92 million at $171.94, yielding $78,600 in gains. SK Hynix comprised $6.34 million at $1,043.20, with $32,200 in profit. This move aligns with value investing strategies in crypto, as traders monitor key support and resistance levels in the sector.

Huo Xing Finance reports that on November 4, according to TradingBeats monitoring, a large whale opened long positions in Marvell, SK Hynix, and SanDisk this afternoon, with a combined opening transaction value of approximately $29.07 million; all three trades were leveraged at 3x. As of publication, the details are as follows: - SanDisk (SNDK): Purchased for approximately $14.81 million at an average price of $1,123.31, currently with an unrealized profit of about $137,000; - Marvell (MRVL): Purchased for approximately $7.92 million at an average price of $171.94, currently with an unrealized profit of about $78,600; - SK Hynix (SKHX): Purchased for approximately $6.34 million at an average price of $1,043.20, currently with an unrealized profit of about $32,200.

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