Hyperliquid storage sector leads the overnight rally, with MU and SNDK rising over 4%

The Odaily Planet Daily reported that Hyperinsight monitoring shows that while the US Eastern Time is still in the Sunday market closure, the storage sector on Hyperliquid led the rise during the overnight session. MU (Micron Technology) rose 4.6%, currently at $1,028, with a 24-hour trading volume of $43 million and open interest reaching $260 million during the same period. SNDK (SanDisk) rose 4%, currently at $2,060.

The largest position holder in the Hyperliquid storage sector also benefited simultaneously. This address currently holds long positions in MU, SNDK, and SK HYNIX, with a combined position size of $31.5 million. The average opening prices are $968, $1,981, and $1,508 respectively. At 5:00 AM today, after SNDK recovered to the $2,000 level, this address significantly increased its long positions, further indicating a bullish outlook on the storage sector's upward trend.