Micron and SK Hynix positions combined decreased by $103 million, SanDisk saw capital inflow with positions increasing by 36%

TechFlow News, August 03, according to Hyperinsight monitoring, over the past day, on Hyperliquid, Micron (MU) open interest value decreased by approximately $39.372 million, dropping to $173 million; SK Hynix (SKHX) decreased by approximately $64.124 million, dropping to $352 million. Combined, both lost approximately $103 million in positions, with declines of 18.5% and 15.4% respectively.

During the same period, SanDisk (SNDK) open interest value rose from approximately $88.122 million to $120 million, an increase of $32.114 million, a 36.4% increase, becoming the only target among the big three storage companies to record position expansion.

Price data shows, SNDK rose approximately 0.6% in the past 24 hours, MU rose approximately 0.3%, SKHX fell approximately 1.1%; SanDisk outperformed Micron by approximately 0.3 percentage points and outperformed SK Hynix by approximately 1.7 percentage points.

Position changes for large fund addresses show:

• SNDK: New positions currently lean towards longs. In the past 24 hours, 1 address increased SNDK long positions by approximately $2.515 million, no single address was found with reduced longs or new short positions exceeding $1 million.
• MU: 2 addresses combined increased long positions by $3.428 million, another 2 addresses reduced longs by $2.587 million, net increase in longs of approximately $0.841 million; during the same period 2 addresses added approximately $2.858 million in short positions, incremental scale leans towards shorts.
• SKHX: No new addresses, existing whales continue deleveraging. Million-dollar level addresses net reduced longs by $6.811 million; shorts net reduced shorts by $9.208 million.

Top funds lean towards defense:

• MU has 14 longs, 18 shorts, long position value approximately $46.108 million, short positions approximately $66.543 million;
• SKHX has 37 longs, 42 shorts, long position value approximately $104 million, short positions approximately $136 million;
• SNDK has 12 longs, 10 shorts, long position value approximately $37.441 million, still lower than short positions of $46.782 million.