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Altcoins & DeFi

Hyperliquid Whale Bets $5.4M Against Nvidia Over Jensen Huang’s Spy Scandal

Image: Bitcoin.com News

A Hyperliquid trader has built a 10x short on 30,000 Nvidia contracts after CEO Jensen Huang admitted an affair with a woman a reported U.S. intelligence memo ties to Chinese spying. Blockchain tracker Lookonchain flagged the position earlier today with Hyperliquid account data showing the wallet (labelled 0xc3ed…00dd) short 30,000 Nvidia perpetual futures , or perps, which are contracts with no expiry date that track an asset’s price. The position carries 10x leverage, an average entry of $181.33 and a notional value of about $5.37 million. Trade fills show the wallet started selling at 22:51 UTC on Nov. 8 and finished at 00:14 UTC on Nov. 9, at prices between $180 and $182.

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