Whale accounts have netted $14.09 million in the past week, with short sellers shifting their focus to the storage sector.
The whale account starting with 0x0242 saw a net gain of approximately $14.09 million in the past week, with its equity increasing from approximately $20.02 million to $34.11 million, representing an increase of approximately 70.4%. The whale's profit focus has shifted to storage. After adding approximately $6.83 million in net short positions in Micron and SanDisk yesterday, the combined unrealized profit of these two short positions increased from approximately $2.86 million at noon yesterday to approximately $4.22 million this morning. Specifically, the SanDisk short position was valued at approximately $16.79 million, with an unrealized profit of approximately $3.51 million; the Micron short position was valued at approximately $9.09 million, with an unrealized profit of approximately $0.71 million. Including the short positions in Hynix, the DRAM index, and Changxin Technology, the combined unrealized profit of the five storage-related contracts is approximately $6.52 million, accounting for 46% of the total unrealized profit of all short positions. Some tech stock short positions saw profits retracement. Intel short positions had a floating profit of approximately $3.28 million, while Google short positions saw floating profits decrease from approximately $2.11 million to approximately $1.03 million. The holder currently holds approximately $19.99 million in Google short positions. The whale currently holds 35 short positions, totaling approximately $133 million, with a floating profit of approximately $14.14 million; it also maintains long positions worth approximately $8.52 million. Including the long positions, the net floating profit for all contracts is approximately $14.45 million, close to yesterday's approximately $14.58 million.