U.S. stocks related to storage concepts collectively declined in pre-market trading, with MU dropping nearly 5%, and two major on-chain long positions remaining unhedged with floating gains exceeding one million.

Gate News reports that on March 19, U.S. stock storage concept stocks experienced a collective pullback before the market opened. MU (Micron Technology) fell nearly 5%, SNDK (SanDisk) dropped over 5%. Data from a certain contract platform shows that the two major targets’ contracts are currently priced at $440 and $715 respectively. Despite the sector’s pressure, the two main on-chain bulls did not adjust their positions: the largest on-chain bull for SNDK (0x6ba) holds a position worth $7.15 million, with an unrealized profit of about $840,000 (+30%), at an average price of $630, opened on March 11; the largest on-chain bull for MU, associated with Continue Capital (0x3e3), holds about $6.63 million, with an unrealized profit of $850,000 (+57%), at an average price of $383, opened on February 6.

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