Smart Money Sets $15.3M Sell Orders on Storage Stocks, Plans $4M Repurchase

Investor places $15.3M reduce-only orders to exit SK Hynix, SanDisk, and KIOXIA near breakeven, while setting $4M buy limits lower. Recent 95% win rate yields $4.6M profit.

Woofun AI data shows that a smart money entity currently holds approximately $13.972 million in storage sector positions across Micron, SanDisk, SK Hynix, and KIOXIA. The investor has placed six 'reduceOnly' sell orders totaling roughly $15.292 million to liquidate holdings in SK Hynix, SanDisk, and KIOXIA. Specifically, 96.9% of the SK Hynix position (6,445.1 shares) is marked for sale between $1,062 and $1,165, while 98.2% of SanDisk holdings (5,389.2 shares) are set to sell between $1,280 and $1,440. The entire KIOXIA position (1,666.7 shares) is scheduled for sale at $335. These orders are positioned near or above average cost prices, indicating an intent to exit at breakeven or with minimal profit, resulting in a combined floating loss of approximately $552,000 across the three names.

Simultaneously, the investor has established buy orders worth approximately $4 million at lower price points to repurchase assets. Plans include acquiring $2.5 million in Micron shares at $811, adding $1 million to SK Hynix positions at $950, and increasing KIOXIA holdings by $500,000 at $285. Execution of these orders would rebuild the Micron position to 3,082.6 shares, raise SK Hynix holdings to 7,706.4 shares, and nearly double the KIOXIA stake. Since July, this trader has executed 20 trades with a 95% win rate, generating a net profit of $4.6 million in the storage sector, including winning all nine trades involving Micron and SanDisk.