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Woofun AI reports that Hyperliquid’s Micron Technology open interest has climbed to $254 million, a figure approximately 1.5 times higher than that on Binance.
Concurrently, an Ethereum address dormant for seven years executed a cash-out, securing $39.1 million in net profit.
Data compiled by Woofun AI shows Micron’s latest gross margin approaching 85%, overtaking Nvidia as the most profitable large-cap US tech firm. Investment banks have subsequently raised Micron target prices. Bloomberg notes Bitcoin’s decline reveals market fragility amid retail withdrawal, while 10x Research warns ETH could drop to $1,200 if the $1,600 support fails.