According to Hyperinsight, on July 3, a Hyperliquid whale address beginning with 0xa31 simultaneously held 17 short positions in AI and semiconductor-related assets—including Micron Technology (MU), Semiconductor ETF (SMH), SanDisk (SNDK), and Nvidia (NVDA)—with a combined notional value of approximately $6.1 million. The address has accumulated profits of roughly $6.3 million over the past month.
The whale's latest large position was a $1.11 million MU short opened with 6x leverage on approximately 1,119 MU shares at an average entry price of $963. As of publication, with MU's slight recovery, the position faced a floating loss of approximately $33,000.