"Silver Ironhead short-seller" opened a high-level short position on SNDK with $2.3 million; this morning, SanDisk led the decline among storage concept stocks at market close.

BlockBeats news, on March 13, according to Hyperinsight monitoring, US stock market storage concept stocks collectively retreated at the close this morning, with a certain exchange (SNDK) leading the decline. On Hyperliquid, the SNDK price dropped by 3.5% over 24 hours, currently quoted at $621.

Against this backdrop, the address known as "Silver Ironhead Short Army" (0x61c), previously active for shorting silver, opened a SNDK short position early today, with a position size of $2.3 million, an average price of $632, a liquidation price of $700, and a current unrealized profit of 9%.

On the news front, on February 24, Citron Capital announced a short position, causing the price of a certain exchange to fall to a low of $483 on March 9; in the past three days, the price rebounded above $650, but today it retreated again along with the sector.