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Traders Make Bold $1.5 Billion Bet on TQQQ as Nasdaq 100 Soars

Traders Make Bold $1.5 Billion Bet on TQQQ as Nasdaq 100 Soars
2 months ago

In a remarkable display of confidence in the technology sector, a group of audacious traders has executed a colossal $1.5 billion wager using triple-leverage on the TQQQ exchange-traded fund (ETF), which tracks the Nasdaq-100 index. This high-stakes move comes as the index, buoyed by resilient corporate earnings and investor optimism, continues to reach new heights.

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