Hyperliquid-listed MU fell 6.97% for a sixth consecutive session and SNDK dropped 11.02% as selling pressure linked to Google’s compression technology paper continued. According to Hyperinsight, whale address 0x61c, which opened short positions before the paper’s March 25 release, was showing about $250,000 in unrealized profit, a roughly 30% return on around $2.98 million in MU and SNDK shorts. The update adds to earlier reports that the paper sparked concerns about future storage demand and drove sharp losses in the two tokenized equities, while some large long positions also came under pressure.