MRVL was officially included in the S&P 500 today. This development has led to on-chain whales accumulating positions in the pre-market session.

June 22, per Hyperinsight Monitoring: As of press time, MRVL’s 24-hour trading volume on Hyperliquid stands at approximately $35.77 million. In corporate news, Marvell Technology was officially added to the S&P 500 today, with adjustments for the index inclusion taking effect before the June 22 market open. Positive anticipation around this development already moved MRVL in pre-market trading, as investors start focusing on the potential upsides of index inclusion. On Hyperliquid, whale address 0x519c opened a new 5x leveraged long position on MRVL today, valued at roughly $7.54 million. The average entry price for this trade is $313.75, and the current mark price sits around $314.85. MRVL’s long-short ratio is balanced right now: long positions total ~$21.96 million, while short positions clock in at ~$21.44 million. Additionally, Marvell has reportedly been in talks with TSMC about adopting TSMC’s advanced A14 process. This news, paired with the S&P 500 inclusion, is driving short-term trading catalysts for MRVL. Whale Address: 0x519c721de735f7c9e6146d167852e60d60496a47 A quick update: The HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community, then make it an admin—you’ll need to enable message-sending permissions—to automatically sync on-chain information.