A whale address opened a long position in xyz:MRVL worth about $8 million over the past eight hours on June 22. According to BlockBeats On-chain Detection, Hyperinsight monitoring showed the position was opened at $313.8 with a liquidation level near $264.
The same address also holds a long position in xyz:SPCX valued at about $5.38 million, with an average entry price of $204.65 and a liquidation price of $137.
The whale address was identified as 0x519c721de735f7c9e6146d167852e60d60496a47.
Marvell is a U.S. chip design company focused on data centers and AI infrastructure. The company reported net profit attributable to shareholders of $2.274 billion in fiscal year 2026, up more than 300% year over year, and has a market capitalization of about $270 billion. Nvidia CEO Jensen Huang has publicly described it as a potential next trillion-dollar market-cap company.
Whale Opens $8 Million Long Position in xyz:MRVL and Holds $5.38 Million Long in xyz:SPCX
2026-06-22 08:44:11
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