SNDK Whale Exits 5,000-Unit Long After $4.58 Million Loss

A wallet beginning 0x469e closed its remaining 5,000-unit long in SanDisk (SNDK) on Oct. 23, ending a position that had accumulated about $4.583 million in realized losses since Sept. 23.

The final closing transactions were valued at about $6.236 million. The wallet’s average entry price was about $1,814.45 per unit, compared with an average exit price of about $1,247.20. The exit price was 31.3% below the entry price. The final round of sales alone produced about $2.836 million in losses.

The $2.836 million figure covers the final round of closing trades, while $4.583 million is the cumulative realized loss for the position from Sept. 23 through the Oct. 23 exit. The $6.236 million amount is the closing transaction value, separate from both loss figures.