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「Huang's Stock Selection」 MRVL Futures Trading Interest Tempers Slightly, Open Interest Sees Minor Decrease

BlockBeats News, June 5th, according to Bitget market data, Huang Renxun stated earlier this week that Marvell would become the "next trillion-dollar market cap company." Afterward, MRVL's stock price surged to a new high but the upward momentum slowed down. In the past 24 hours, the total trading volume of multiple platform perpetual swaps reached $934 million, a 33.39% decrease in 24-hour trading volume. The details are as follows:


On Binance, the 24-hour trading volume of MRVL perpetual swaps reached $551 million, with a 1.65% decrease in open interest;
On the Hyperliquid ecosystem trading platform trade.xyz, the 24-hour trading volume of MRVL reached $192 million, with a 0.79% increase in open interest;
On OKX, the 24-hour trading volume of MRVL perpetual swaps reached $122 million, with a 1.22% increase in open interest;
On Bitget, the 24-hour trading volume of MRVL perpetual swaps reached $34.54 million, with a 0.49% decrease in open interest.


In addition, according to Coinglass data, the total open interest of MRVL across all platforms decreased by 5.2% in the past 24 hours, dropping to $190 million.

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