NVIDIA gives back today's gains, crypto KOL "CBB" reduces nearly half of their NVDA short position worth tens of millions

BlockBeats News, February 26 — According to Coinbob’s popular address monitoring, this morning Nvidia’s earnings report showed a 73% year-over-year revenue increase, surpassing expectations. Its stock price briefly surged past $200 at 5 a.m., up more than 4%, then gave back all gains.

Ahead of the earnings release, several well-known on-chain traders on the Hyperliquid platform had already positioned in NVDA (Nvidia mapped contracts). Among them, addresses related to CBB (X:Cbb0fe), 0xRay (X:0xRay518), and Continue Capital each held multi-million dollar NVDA positions. Current holdings are as follows:

0xRay (X:0xRay518), now the largest on-chain NVDA long position, holds a $16.53 million long position with an average price of $190, with an unrealized profit of $406,000, and has not reduced the position;

CBB (X:Cbb0fe), which was the largest on-chain NVDA short yesterday, significantly reduced its short position today, decreasing from $10.5 million to $5.96 million, with an average price of $188;

Addresses related to Continue Capital (X:Continue_VC) hold a long position of $10.02 million, with an average price of $190, and an unrealized profit of $250,000, and have not reduced the position.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Drops Below $64K Amid Middle East Tensions

Bitcoin has dipped below $64K amid geopolitical tensions from U.S. and Israeli attacks on Iran, contrasting with rising gold prices. Despite this, Bitcoin ETFs saw over $1B in inflows, indicating renewed investor interest in crypto, though Ethereum and Solana also declined.

CryptoFrontNews2m ago

Iran blocks the Strait of Hormuz, oil prices may surge past $100, will Taiwan stocks open lower on Monday?

The US-Israel joint forces attack Iran, resulting in the death of Supreme Leader Khamenei. Iran immediately blocks the Strait of Hormuz, causing a disruption in global oil transportation and a sharp surge in oil prices. Analysts warn that if the blockade continues, Brent crude prices could break through $100, affecting the global energy market and the performance of Taiwan stocks, with increased pressure from foreign capital withdrawals.

動區BlockTempo2h ago

Bitcoin ETF inflow strength rebounds: over $500 million poured in in a single day, hitting a 3-week high

U.S. spot Bitcoin ETF capital inflows are warming up, with over $500 million attracted on Wednesday. Investor sentiment is gradually improving, but still not overly optimistic. Bitcoin price has risen back to $68,000, and Ethereum and other cryptocurrencies have also recorded net capital inflows. Market sentiment has not fully recovered, and the Cryptocurrency Fear and Greed Index still indicates extreme fear. Some analysts believe that the rebound should not be overinterpreted.

区块客3h ago

Abandoning "HODLing" causes the stock price to rise over 13%! ETHZilla rebrands to "Forum" and shifts focus to RWA tokenization

The American company ETHZilla has officially rebranded as Forum Markets, transforming into a tangible asset tokenization platform and gradually phasing out its role as an Ethereum reserve. The stock price rose over 13% on the news. The company still holds approximately $145 million worth of Ethereum and is actively developing tokenized assets, with expected future yields exceeding 10%.

区块客3h ago

Crypto Market Sees Recovery Despite Fear Amid Geopolitical Turmoil

Despite global geopolitical tensions, the crypto market has seen a recovery, with a total market cap of $2.33T and significant gains in leading cryptocurrencies like Bitcoin and Ethereum. Noteworthy gainers include $PENGU, $TRUMP, and $PEPE, while DeFi TVL rises, and NFT sales decline. Additionally, Russia is using crypto platforms to bypass sanctions, and Ethereum explores AI for further development.

BlockChainReporter3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)