This guy is making a massive bet on an AI rebound after last night's sell-off. ..... Following the sharp drop in U.S. AI and semiconductor stocks, wallet 0xaea added 7.29M USDC in margin this morning and opened three leveraged long positions worth a combined $85.63M.
The trader is currently sitting on an unrealised loss of around $470K.
Current positions👇
$SP500 : 20x long on 10,124.4 contracts (~$74.48M), entry at $7,359.2
$MU : 10x long on 9,132.74 contracts (~$6.77M), entry at $767.31, take-profit $877.44, stop-loss $719.99
$SNDK : 10x long on 4,693.39 contracts (~$4.84M), entry at $1,067, take-profit $1,318, stop-loss $984.99 .
Address: 0xaeaab54bbf65bfd6efed7d2eb68372298e3c2416
WE THINK: It's a bold call that the AI trade will bounce back after the recent sell-off.
The trader is currently sitting on an unrealised loss of around $470K.
Current positions👇
$SP500 : 20x long on 10,124.4 contracts (~$74.48M), entry at $7,359.2
$MU : 10x long on 9,132.74 contracts (~$6.77M), entry at $767.31, take-profit $877.44, stop-loss $719.99
$SNDK : 10x long on 4,693.39 contracts (~$4.84M), entry at $1,067, take-profit $1,318, stop-loss $984.99 .
Address: 0xaeaab54bbf65bfd6efed7d2eb68372298e3c2416
WE THINK: It's a bold call that the AI trade will bounce back after the recent sell-off.