Micron Drops 9.6% from Record High to $1,128; Major Bull Whale Within $15 of Liquidation

According to Hyperinsight monitoring, Micron (MU) collapsed overnight on June 26 as PCE inflation exceeded expectations, triggering broad risk-off sentiment. The stock fell 9.6% from its intraday high of approximately $1,255, closing at $1,128 on Hyperliquid with a 24-hour decline of 6.9%.

Liquidation pressure on bulls surged dramatically. The nearest bull liquidation level sits at $1,114.21, just 2.9% below the current price. A major bull whale (0x9e2c) holding 5,000 MU contracts at 10x leverage with an average entry of $1,215 faces liquidation within $15, managing a $5.6 million position. In contrast, the nearest bear liquidation line remains at $1,427.77, approximately 24.4% above current levels.