Trader 0xRay has increased its long position in Nvidia to $16.4 million, making it the largest on-chain NVDA long.

BlockBeats News, February 25 — According to Coinbob’s popular address monitoring, well-known crypto trader Ray (X: 0xRay518) increased his position in NVDA (Nvidia mapped contract) with 6x leverage within the past 24 hours. The additional purchase was approximately $2.019 million at an average price of $192.83, bringing his total position to $16.4 million with an average entry price slightly up to $190.1. Currently, this position has an unrealized profit of about $290,000 (8.68%), with a liquidation price of $162.56.

This position was first established on February 18 and is now the largest long position in NVDA on the Hyperliquid platform. Meanwhile, the address has fully closed its MU (Micron) long position, leaving only the NVDA position in the account.

Previous trading records show that 0xRay opened a NVDA long at an average price of $177 in November last year, gradually rolling over the position. During this period, he recorded significant unrealized gains before closing the position at break-even during a short-term market correction.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Sky Co-founder Rune's Long Position in Crude Oil Turned Profitable, Overall Position Value Rose to $11.55 Million

On March 22, after Trump issued a "48-hour ultimatum," crude oil prices rose. Sky founder Rune's multiple leveraged positions were profitable, with a structure including a 20x leveraged WTI crude oil long position with unrealized gains of approximately $155,000, a 7x leveraged Brent crude oil long position with unrealized gains of approximately $130,000, and total position value reaching approximately $11.55 million.

GateNews8h ago

Brother Maji Huang Licheng Opens 25x Leverage ETH Long Position Again, Holding 2200 Coins Worth $4.62 Million

Gate News: On March 22, Hyperbot data shows that the decline in the cryptocurrency market this morning led to the liquidation of all of Big Brother Machi Huang Lixuan's Ethereum long positions. One hour ago, Huang Lixuan opened a new Ethereum long position with 25x leverage, currently holding 2,200 ETH, valued at approximately $4.62 million, with an entry price of $2,091 and a liquidation price of $2,061.

GateNews8h ago

Major CEX and DEX funding rates fully turned negative, BTC down 1.93%, ETH down 2.18%

On March 22, Bitcoin reported $69,275.33, down 1.93% in 24 hours; Ethereum reported $2,103.95, down 2.18%. The market is broadly bearish, with shorts dominating. Funding rates are universally negative, indicating that shorts need to pay fees to longs.

GateNews9h ago

In the past 1 hour, the entire network liquidated @2.48@ billion USD, with BTC liquidations of @1.09@ billion USD.

Gate News, on March 22nd, Coinglass data shows that in the past 1 hour, the entire network has liquidated $248 million, of which long positions liquidated $232 million and short positions liquidated $16.36 million. By coin type, BTC liquidations reached $109 million and ETH liquidations reached $83.73 million.

GateNews10h ago

Over the past 4 hours, the entire network liquidated $254 million, with long positions accounting for over 90% of liquidations.

Gate News, on March 22, according to Coinglass data, the total liquidation amount across the network in the past 4 hours reached $254 million. Among these, long position liquidations amounted to $236 million, accounting for 92.9% of total liquidations; short position liquidations amounted to $17.73 million.

GateNews10h ago

Machi's $11.06M ETH Long Position Fully Liquidated, Total Losses Exceed $30M

Gate News bot message, Machi's 5,250 ETH long position valued at $11.06 million has been fully liquidated following a sharp market drop. His total losses have now exceeded $30.22 million, with only $158,000 remaining in his account.

GateNews11h ago
Comment
0/400
No comments