Sandisk's holdings surge by 40% in one day; a wallet that earned tens of millions in a week takes over the heavy positions SNDK
2026-08-06 17:16:40
According to CoinMeta, the holding volume of SanDisk (SNDK) has surged by 40% in the past 24 hours. A wallet that earned tens of millions of dollars per week has increased its position in SNDK. Currently, SNDK is trading at $1240.1, down about 12.2% in 24 hours. The value of open contracts is approximately $190 million, which has increased by about $54.78 million (about 40.6%) from $135 million in the previous 24 hours. Instead of withdrawing funds as the price fell, this wallet continued to increase its position after the financial report was released. The current hourly funding rate is about +0.00409%, and the cost of new positions still favors the bulls. This wallet holds a full position of two lots of SNDK long positions, with a floating loss of about $22,000 and a return rate of about -0.3%. The liquidation price is around $88.
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Source:Internet
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