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Whale 0x577a is sitting on a massive $MU long that’s already deep in profit.
The wallet currently holds a 22,189 #MU position worth around $17.4M, opened with 3x leverage at an average entry near $575. The market price is now around $784, pushing the unrealized gain above $4.6M already.
What makes this trade even crazier is the conviction behind it. The whale reportedly set take-profit orders around $2,800–$2,900, which means he’s positioning for another ~260% move from current levels. If MU actually reaches those targets, the profit from this single trade could cross $50M.
The wallet is also long $GOOGL with another position worth about $3.6M that’s currently up more than $538K, plus a smaller $SKHX long that’s slightly green as well.
Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2