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
MapLight Therapeutics Currently Down 11 Consecutive Days, on Pace for Record Losing Streak -- Data Talk
Barclays Reportedly Delays Back-to-Office Mandate After Employee Backlash
QTREX Quantum CEO Dagi Ben-Noon buys USD 119,542 of shares
Sector Update: Consumer Stocks Retreat in Afternoon Trading

