Whale Opens ~$31M MU Perpetual Long, Faces ~$3.12M Unrealized Loss

According to TechFlow, on November 6, Ember monitoring showed that a whale opened a long position in Micron stock MU perpetual futures worth about $31 million before the price drop, with an entry price of $775.25.

The attached image shows that the address holds a 40,000-unit MU long position using 10x cross leverage; at the time of the screenshot, the price was $697.21, with an unrealized loss of about $3.12 million.

Source: TechFlow