Arkham Says Trader Holds Profitable MU and INTC Positions

According to Arkham, trader 0xcf6 turned $27,950 into $3.19 million in two months while posting large profitable positions in MU and INTC, alongside long exposure to META and HYPE.

HYPE

Summary

According to Arkham, trader 0xcf6 grew $27,950 into $3.19 million over two months. Arkham said the trader made $2 million on MU and $1.05 million on INTC, while currently holding $3.89 million in MU, $2.08 million in INTC, $450,000 in META, and a $1.7 million long position in HYPE. The update adds the trader’s wallet identifier, the two-month timeframe, and the starting and resulting portfolio values to the previously reported positions and profits.

Terms & Concepts
  • Long position: A market position that seeks profit from a rise in an asset’s price.
  • Arkham: A blockchain analytics platform that tracks wallets, transactions, and market-related on-chain activity.
  • HYPE: An asset named in the report that the trader is holding through a long position.