Woofun AI data shows that a prominent Hyperliquid trader (0x4e2) has deployed 209 orders totaling approximately $30.679 million. The strategy involves closing an existing $6.051 million AMD short position with unrealized losses of $74,000, targeting a reduction of two-thirds via orders between $542.4 and $544.6.

Concurrently, $16.444 million in buy orders are placed between $531 and $541 to initiate a long position if prices drop near $540.48, aiming for a final long exposure of $14.659 million at an average price of $537.7.

The trader also plans to expand short positions in storage sector stocks during potential rebounds. Sell orders totaling $8.187 million are set for Micron Technology (MU) between $1012 and $1080, which would increase the short position to $7.760 million at an average price of $1038.3.

Additionally, $2.036 million in sell orders for SanDisk (SNDK) are placed between $1675 and $1849, targeting a $1.946 million short position at an average price of $1700.7. No stop-loss or take-profit orders are currently visible for the storage sector shorts.