A whale heavily shorting US stocks has more than $30 million in total unrealized profit, with most positions showing gains. The positions are concentrated in AI, semiconductor and memory chip stocks.
Why it matters
The largest listed gain is $6.36 million on SNDK, followed by $4.03 million on INTC, $2.33 million on SOXL and $2.25 million on MU. Short positions generally gain when the underlying asset falls, although unrealized profits can change before a position is closed.
Market impact
The figures show a profitable bearish bet across chip-related assets, including SOXL, a leveraged semiconductor exchange-traded fund. The reported gains are not realized profits, and the positions remain exposed to further price moves.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0x024294C53A69C1E6B39810b3FAC87385752FffA1#perps)
Frequently asked questions
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Which position has the largest listed unrealized gain?
SNDK has the largest listed gain at $6.36 million, followed by INTC at $4.03 million.
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What sectors are the whale's short positions concentrated in?
The positions are concentrated in AI, semiconductor and memory chip stocks.
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How much unrealized profit is listed for SOXL and MU?
The SOXL position shows $2.33 million in unrealized profit, while MU shows $2.25 million.
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Has the whale locked in the reported gains?
The reported profits are unrealized, so they can change before the positions are closed.
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What type of investment is SOXL?
SOXL is a leveraged semiconductor exchange-traded fund.
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