136,982 of $NVDA with 5x leverage, worth $24.2 million, is the largest position in the 0xc8b5 portfolio, alongside 13,655 of $SNDK with 2x leverage, worth $12.7 million.

The expectation was that the bullish bet would remain concentrated in one large tech stock, with any position beyond that being small or temporary.

The data show that the portfolio holds both positions at once: the first with 5x leverage and the second with 2x leverage. But it only shows open positions and doesn’t clarify whether they’re hedged or purely directional bets, or how long they’ve been held.

If a stock moves sharply $NVDA , your portfolio’s gains and losses may move faster because of 5x leverage. And if you reduce your portfolio’s exposure later, that may show up in open contracts before it shows up in the price.

The number worth pausing over: 136,982 shares at 5x leverage means much greater exposure than the position’s displayed value.

Do you expect both positions to remain open through the end of the week? 👇

#NVDA #Perps

This content is for informational purposes only and is not financial advice.

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