A whale opens a long position in NVIDIA perpetual contracts worth approximately $9.35 million

TechFlow reported on Nov. 12 that, according to Lookonchain, a whale address holds 60,000 units of NVDA perpetual contracts as long positions, worth approximately $9.35 million, and has placed limit buy orders for an additional 20,000 units in the $150.24 to $154.20 range, with an order value of approximately $3.04 million.

The accompanying image shows that the address's NVDA long position has an entry price of $159.19 and uses 20x cross margin leverage; the address also holds a long position in MU perpetual contracts worth approximately $30.69 million.

Source: TechFlow