A whale's unrealized loss on a $31 million MU long narrows to $3.12 million

Odaily reports: According to monitoring by on-chain analyst Yu Jin, a whale opened a long position worth $31 million in MU before MU began to plunge at 11 PM last night, with an entry price of $775.25. MU subsequently fell to a low of $650, leaving the whale with an unrealized loss of $5 million. MU has now rebounded to approximately $700, and the whale's unrealized loss has narrowed to $3.12 million.