Whale: $85M Longs on SP500, MU After Storage Drop

Whale address 0xaeaab54bbf65bfd6efed7d2eb68372298e3c2416 opened $85.63 million in leveraged longs on SP500, MU and SNDK this morning after last night’s storage sector selloff, adding $7.29 million USDC margin to chase an AI narrative rebound. The 20x SP500 position holds 10,124.4 shares valued at roughly $74.48 million with entry at $7,359.2; the 10x MU long covers 9,132.74 shares worth about $6.77 million entered at $767.31 with take-profit at $877.44; the 10x SNDK position covers 4,693.39 shares valued near $4.84 million entered at $1,067. The combined book now sits $470,000 underwater.