After opening a long position worth approximately $31 million in MU perpetual contracts, a whale incurred an unrealized loss of approximately $3.12 million.

on November 6, according to Emission monitoring, a whale opened a long position worth approximately $31 million in Micron (MU) stock perpetual contracts before the price dropped, at an entry price of $775.25.

The accompanying image shows the address holding a 40,000-unit MU long position with 10x cross margin leverage; at the time of the screenshot, the price was $697.21, resulting in an unrealized loss of approximately $3.12 million.