Trader 0xRay has increased their long position on Nvidia to $16.4 million, now holding the largest on-chain NVDA long position

BlockBeats News, February 25th, according to Coinbob popular address monitoring, well-known crypto trader Ray (X: 0xRay518) increased his leverage by 6 times in the past 24 hours on his NVDA (NVIDIA perpetual contract) long position. This additional investment was approximately $2.019 million, with an average transaction price of $192.83, expanding his total position to $16.4 million and raising his average position price slightly to $190.1. The current unrealized profit of this position is about $290,000 (8.68%), with a liquidation price of $162.56.

This position was first established on February 18th and is now the largest long position on NVDA on the Hyperliquid platform. At the same time, the address has closed all of its Micron (MU) long positions and currently holds only a single NVDA position.

Previous trading records show that 0xRay opened an NVDA long position in November last year at an average price of $177 and gradually added to the position, at one point achieving a significant unrealized profit, before closing the position to break even during a short-term market pullback.