The 'smart money' address that turned most bearish in one move achieved an unrealized profit of about $1.742 million in approximately four hours

CoinFeed reported on July 1, according to Aunt Ai, the 'smart money' that previously made about $4.15 million profit by going long on SKHX, MU, and INTC for the first time significantly shorted semiconductors and Bitcoin. About 17:30 before the U.S. stock market opened, it opened a basket of short orders for Micron (MU), SK Hynix (SKHX), SanDisk (SNDK), Intel (INTC), and BTC, with total notional position exceeding approximately $34.9 million. As the market opened and the related assets fell, this group of shorts achieved an unrealized profit of about $1.742 million in approximately four hours.