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A smart money address has turned bullish on Micron and SK Hynix, closing short positions on SNDK/INTC/BTC and then heavily betting long

2026-07-03 14:02

Odaily Planet Daily News: According to on-chain analyst Ai Yi's monitoring, a "smart money" address, which has accumulated total profits of over $5.293 million in US stock long/short trading, has once again adjusted its positions, drawing market attention. In the early hours of today, it closed a basket of short positions including $SNDK, $INTC, and $BTC, and then turned bullish, opening a long position of approximately $8.38 million on Micron ($MU) and establishing a long position of approximately $1.99 million on SK Hynix ($SKHX). Additionally, the account plans to further increase its position by approximately $7 million when SK Hynix falls back to the 1400–1550 range, indicating a shift towards optimism on the short-term outlook for the memory chip sector.