A certain trader took a large long position on MRVL before Huang Renxun's recommendation, earning over $880,000 in intraday profits.

BlockBeats News, June 2nd, according to Hyperinsight Monitoring, this morning, a trader on Hyperliquid went long on MRVL (Marvell Technology) with 3x leverage when the stock price was at $222.69.

As of press time, this long position has already realized a $880,000 profit within 15 hours, with a staggering 66.8% return on investment, making it the largest long position on the platform for MRVL and the most profitable address in this round of the uptrend.

It is reported that during the pre-market period, MRVL's stock price has continued to rise by 7.4%, currently trading at $274. On the news front, MRVL has been on a continuous uptrend since 9:00 PM yesterday. The company previously released a high-capacity switching chip designed for AI data center networks. The second round of gains today was mainly driven by Huang Renxun's comments at the Taipei International Computer Show (COMPUTEX) regarding NVIDIA and Marvell's cooperation in the AI data center connectivity (optical interconnect, networking) field, stating, "This is the next trillion-dollar company."

If we calculate based on Huang Renxun's "trillion-dollar market cap" statement, the corresponding stock price would need to reach around $1143, which is 3.2 times higher than the current $274.

Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2