某 address holds $16.09 million in long positions with 3x leverage on SK Hynix and 4x leverage on Micron, currently facing an unrealized loss of $590,000

According to on-chain analyst Ai Yi's monitoring, SK Hynix (SKHX) continues to decline during trading. An address opened a 3x long position on 5,095.22 SK Hynix tokens (SKHX) half an hour ago, valued at $7.8 million, with an entry price of $1,604. The address plans to add another $6 million in positions when SK Hynix falls to the $1,400-$1,500 range. Additionally, this address also holds an $8.3 million 4x long position on Micron (MU). The two long positions in the memory storage sector are currently facing an unrealized loss of $590,000.