Nvidia Traders on Phantom Stuck in Stubbornly Bullish Mode

Nvidia traders on Phantom are extremely bullish ahead of the chipmaker's upcoming earnings report. According to data from Phantom, an impressive 88.7% of NVDA-USD traders are long positions, indicating a high level of optimism among crypto-native traders.

This is not a one-off occurrence, as in late June, Phantom reported that 89.3% of NVDA traders were long. The consistent bullish sentiment on the platform suggests that traders are confident in Nvidia's future performance.

The reason for this confidence may be due to the platform's features, such as continuous market access and real-time trading, which allows users to trade NVDA around the clock. Additionally, the 10x leverage available on Phantom means that even a small price movement can result in significant gains or losses.