On the eve of the U.S. stock market opening, a whale is planning to go long on approximately $22 million worth of the Nasdaq 100 index.
BlockBeats News, July 9th, according to on-chain analyst Ai (@ai_9684xtpa), address 0x3e7…f1589 initiated a $5 million USDC deposit at 7:30 PM (UTC+8) tonight, followed by opening a 20x long position on XYZ100 (tracking the Nasdaq 100 Index) with a value of $16.63 million, with an entry price of $29,458. Currently, there is an additional over $5.3 million TWAP being gradually executed, and the final position value will be around $22 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Physitrack signs 3-year US$78,000 enterprise deal with US healthcare system
Tom Lee Explains Ethereum's Killer Application as ETH Bucks Market Downturn
Infranode agrees to buy Carlsberg Byen Parking in Copenhagen
Nordex wins 34 MW wind turbine order in Germany from EEF Erneuerbare Energien Fabrik
