Address Holds 22,188.6 MU Futures Worth $20.3M, Unrealized Gains Hit $7.55M as MU Surges to $916 on May 27

MU2.74%
According to BlockBeats, citing Hyperinsight monitoring, on May 27, a single address on Hyperliquid held 22,188.6 MU futures (worth $20.3 million) with $7.55 million in unrealized gains (up 78.6%), making it the largest long position on the platform. The position was established on April 29 at an average entry price of $520 per share, with MU now trading at $916 following a 19% rally in the underlying stock and a 2.7% overnight gain in futures.
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