According to market monitoring data, on February 25, prominent trader Ray (0xRay518) significantly increased his long position in NVIDIA shares through two wallets on the Hyperliquid platform, accumulating approximately 147,000 contracts valued at $28.3 million.
What makes this trade particularly noteworthy is the trader's plan to continue adding exposure, with intentions to purchase an additional $4 million worth of contracts within the next 5 hours using a time-weighted average price strategy.
Industry analysts noted that this large-scale position building reflects strong confidence in NVIDIA's upcoming earnings report and highlights how professional traders utilize derivative platforms for significant market exposure.