On April 13, Hyperinsight reported that the largest holder of short positions in crude oil on Hyperliquid, identified as address 0xa65, closed their loss-making positions last week and briefly attempted to go long in an effort to capitalize on a market bottom. According to BlockBeats On-chain Detection, the investor subsequently closed these positions and exited the oil market entirely.
The investor has now shifted their focus to the U.S. stock market, specifically the storage sector. They have retained two long positions opened earlier this month in Micron Technology (MU) and SanDisk (SNDK), with a total holding size of $5.4 million. The current floating profit from these positions has reached $1.15 million.