律动BlockBeats|Mar 31, 2026 04:52
[Micron Falls 10%, Leading Semiconductor Sector Decline; Sector's Top Long Position 'Continue Capital' Faces $13 Million Liquidation Risk]
BlockBeats News, March 31: According to monitoring by Hyperinsight, panic triggered by a Google paper continues to spread, compounded by multiple bearish factors such as geopolitical conflicts, putting overall pressure on the semiconductor sector. MU (Micron Technology) closed with a sharp drop of 9.9% and fell further by over 2.3% in after-hours trading; SNDK (SanDisk) dropped over 9% in total during regular and after-hours trading; NVDA (NVIDIA) also fell 2.4% intraday, with the entire sector taking a hit.
Against this backdrop, the largest long whale in the semiconductor sector, particularly in NVDA and MU, associated with 'Continue Capital,' saw two of its long positions come dangerously close to liquidation. At their lowest point, the positions were just 1.6% away from the liquidation threshold, making it the closest-to-liquidation address among whales holding positions worth over $1 million. The total unrealized loss has expanded to $2.32 million, with the whale still holding long positions worth a combined $13.1 million and yet to close them:
- 5x leveraged NVDA long position: $7.58 million in size, average price $190, unrealized loss $1.13 million (-246%), liquidation price $159.9;
- 7x leveraged MU long position: $5.52 million in size, average price $390, unrealized loss $1.19 million (-270%), liquidation price $310.
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