Woofun AI reports that a newly established address (0x0ad9) initiated a 4x long position on 8,205.3 shares of MU (Micron Technology) within the last two hours. The position totals $8.4 million with an entry price of $1,036.8 and is currently slightly underwater.

Additionally, the address opened a $2 million long position on SKHX at an average price of $1,597.

The address was created in June with approximately $10 million in funds. Over the past two weeks, it secured profits exceeding $5.3 million by taking long positions in the semiconductor sector in late June. Subsequently, the address executed short positions in the last two days, at times maintaining a short stance while waiting.