JUST IN: Nvidia $NVDA becomes the first company in history to reach a $5 trillion market cap.
@WatcherGuru
JUST IN: Nvidia $NVDA becomes the first company in history to reach a $5 trillion market cap.
@WatcherGuru

<div><div><b>JUST IN:</b> Nvidia $NVDA becomes the first company in history to reach a $5 trillion market cap.<br><br><a href="https://t.me/WatcherGuru" rel="nofollow">@WatcherGuru</a></div></div><div><b>JUST IN:</b> Nvidia $NVDA becomes the first company in history to reach a $5 trillion market cap.<br><br><a href="https://t.me/WatcherGuru" rel="nofollow">@WatcherGuru</a></div>

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Renowned crypto investor Jack Yi used Aave revolving lending to build a $2 billion ETH position, only to see it crumble during the market crash [...]
The article, "Yi Lihua Completely Sells Off ETH! Trend Research Sells 650,000 Ethereum in a Week, Losing $730 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Yi Lihua completely liquidated his ETH holdings! Trend Research reportedly sold 650,000 Ethereum in a week, incurring a loss of $730 million before exiting the market.

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
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