Nvidia Hit With $5.4 Million Leveraged Short on Hyperliquid

Share

An enigmatic trader opened a leveraged short position in Nvidia on Hyperliquid, involving 30,000 NVDA contracts with 10 times leverage and worth about $5.44 million. The position was opened at around $181.33 per contract, with an initial collateral of about $544,000. It came after controversial statements by Nvidia CEO Jensen Huang concerning his infidelity and allegations of Chinese espionage targeting him. The espionage allegations have not been made public and have not been proven. Nvidia’s stock declined by about 8.8% over five trading sessions before rebounding by 2.8% on Friday.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items