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This regulatory green light paves the way for the commercialization of the company's core product line, marking a key breakthrough in addressing this autoimmune disease. The market responded positively to this news, and investor sentiment was significantly boosted.

BlockBeats News, June 29th, according to Hyperinsight monitoring, in the past 2 hours, the whale "Commodity Trader" (0x9e8) on Hyperliquid, who previously shorted oil and made a profit of $3.1 million, has opened a new 10x leveraged long position on MU (Micron Technology), with a scale of $4 million and an average entry price of around $1,155. The position is currently showing a slight unrealized gain. Currently, the on-chain whales on MU are still leaning towards short positions, with a total position size of approximately $166 million, including $67.45 million in long positions and $98.17 million in short positions. The whale's average entry price for long positions is $1,090.74, and for short positions is $995.66. The most recent liquidation price for shorts is at $1,352.65, while for longs is at $738.42. The short positions may face liquidation pressure before the long positions.

CryptoQuant analyst nino_trade stated that long-term holders are transferring long-unused Bitcoin to spot trading platforms to allocate their positions. While pressure in the derivatives market has eased, selling pressure from long-term holders has become a new bearish factor.