An on-chain address, identified as 0x577…95fd2, has achieved a floating profit of approximately $1.46 million through strategic trading positions. The address holds around $27.18 million in 3x leveraged long positions in Nvidia (NVDA) and Marvell Technology (MRVL), generating a floating profit of about $1.382 million. Concurrently, the address has a 3x leveraged short position in Ethereum (ETH) valued at approximately $4.944 million, with an entry price of $2006.6, resulting in a floating profit of $72,000. This combination of 'Nvidia concept stock long + ETH short' positions has proven lucrative for the trader.
Crypto Trader Nets $1.46M Profit from Nvidia Long and ETH Short Positions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
