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Woofun AI reports that a whale account established a $7.8 million long position on Samsung Heavy (SKHX) using 3x leverage at an entry price of approximately $1604. The trader currently holds 5095 contracts and intends to add roughly $6 million more if the price falls into the $1400 to $1500 range.
Simultaneously, the account maintains an $8.3 million long position on Micron (MU) with 4x leverage. These two storage sector holdings have generated a combined unrealized loss of approximately $590,000.