On April 14, Nasdaq announced that SanDisk (SNDK) will be officially included in the Nasdaq 100 Index components before the market opens on April 20, 2026. According to BlockBeats, this announcement has significantly boosted SNDK's stock performance, with the price rising over 14% since Monday, reaching a new all-time high. On the Hyperliquid platform, SNDK contracts surged above $980, marking a 24-hour increase of 13.8%.

Hyperinsight monitoring indicates that the strengthening market has turned on-chain long positions profitable. Notably, a trader known as "CBB," who previously focused on shorting U.S. stocks, shifted to long positions in SNDK starting April 6. This has become their primary holding, with a current position size of $6.73 million and an unrealized profit of $730,000, making them the largest long position holder in SNDK on Hyperliquid.