MU trading activity on Hyperliquid increased on June 22, with 24-hour trading volume at about $62.43 million and the token up about 2.13% over the past 12 hours. According to BlockBeats On-chain Detection, Hyperinsight monitoring data showed the move came as the storage-related theme strengthened, ahead of Micron’s earnings release this week and after Citi raised its target price to $1,200.
A whale wallet labeled 0x3200 opened a new 10x leveraged MU long position today, with a position size of about $10.57 million and an average entry price of 1,169.1.
Despite the whale’s long, large-position exposure on MU remained skewed to the short side. Short positions totaled about $72.84 million versus about $40.01 million in long positions, putting shorts at roughly 1.82 times the size of longs.
The wallet address cited was 0x32008fcb6bbd16532afc83ca8b6c920dde22c407.
Micron (MU) Trading Volume Rises on Hyperliquid as Whale Opens 10x Long Position
2026-06-22 08:55:08
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