Big Three Storage Giants' Bottom-Fishing Funds Switch Positions Internally, Micron Becomes Top Funds' "Preferred Pick"

TechFlow news, July 30, according to Hyperinsight monitoring, today storage stock trading by top addresses on Hyperliquid showed significant divergence. In terms of net transaction structure, funds are withdrawing from long positions in SK Hynix and SanDisk and concentrating on Micron.

Within the sample, Micron (MU) recorded $6.242 million in long open transactions and $3.743 million in long close transactions today, with a net increase in longs of approximately $2.499 million; a total of 3 addresses participated in opening longs, among which 2 addresses opened longs exceeding $1 million.

In comparison, SK Hynix (SKHX) had $0.689 million in long opens and $2.164 million in long closes, with a net decrease in longs of $1.475 million; SanDisk (SNDK) had $2.324 million in long opens and $10.299 million in long closes, with a net decrease in longs of $7.974 million. Combined, both had a net decrease in longs of approximately $9.449 million.

Fund flow direction reversed compared to yesterday. During the same period yesterday, Micron had a net decrease in longs of $1.034 million, while SK Hynix and SanDisk recorded net increases in longs of $2.679 million and $2.407 million respectively; today Micron's long open transaction volume increased by 90.4% compared to yesterday's $3.278 million, becoming the only one among the three major storage targets to record a net increase in longs.

Price performance also reflects this divergence. As of 17:00 Beijing Time, Micron cumulative declined 23.3% over the past 3 days, while SK Hynix and SanDisk declined 25.8% and 32.2% respectively. Although Micron has not escaped the downward trend, it has relatively outperformed both by approximately 2.5 and 8.9 percentage points respectively.

Position data further shows that from last night to this afternoon, Micron open interest increased by approximately 8.5%, SK Hynix increased by only 0.2%, and SanDisk decreased by 24.8%. Among the 10 addresses with the largest positions, Micron long funds accounted for approximately 53.3%; SK Hynix and SanDisk had 66.7% and 82.4% of funds on the short side respectively.

Note: The transaction sample covers 75 top addresses, the statistics period is from 00:00 on July 30, 2026 to the time of publication; the yesterday comparison uses the same time period on July 29, all in Beijing Time.