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Micron Technology closes up 3.5%, with MU's largest long position "Continue Capital related address" showing unrealized gains of $400,000
Mars Finance News: On March 11, according to Hyperinsight monitoring, boosted by gains in NVIDIA and Micron Technology, Micron Technology (MU) closed up 3.54% at $403 today. Driven by this, MU perpetual contracts on Hyperliquid platform increased by 4.3% over 24 hours, currently at $410.2, a premium of $1.74 over the US stock market close. An address marked as associated with Continue Capital (0x3e3) currently holds approximately $14.6 million in semiconductor sector longs. Among them, a leveraged long position on MU with 7x leverage amounts to $6.2 million, with an average entry price of $383, and unrealized profits have expanded to $400,000, a 26% return. This address is now the largest on-chain MU long position.