Sandisk's financial report approaches a negative funding rate; 4 early long positions liquidated $11 million
2026-08-04 16:25:00
According to CoinMeta, as Micron's ( SNDK ) financial report is approaching, the funding rate has shifted from a cumulative increase of about +0.0239% in the previous 24 hours to a cumulative decrease of about -0.0026% since today. Four early long positions have reduced their holdings by a total of 8,321.8 SNDK units today, which is approximately equivalent to $11.111 million at current prices. Among addresses with current holdings valued at over $1 million, the long-to-short ratio is 0.75:1, indicating that short positions are worth about $8.517 million more. As of press time, the SNDK mapped contract was trading at $1,334.7, up about 8.4% in 24 hours, with a trading volume of about $491 million, and the value of open contracts being about $126 million.
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Source:Internet
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