Nvidia trader liquidated for $1.54M after Jensen Huang resignation

Image: crypto.news
A crypto trader has suffered a $1.54 million liquidation on Hyperliquid after Nvidia CEO Jensen Huang resigned, triggering heavy selling across leveraged positions tied to the chipmaker's shares. A Hyperliquid trader was fully liquidated on a $1.54 million Nvidia long position involving 9,959 NVDA contracts following Jensen Huang's resignation. Another trader holding approximately $31.14 million in Nvidia perpetual futures faced $2.17 million in unrealized losses as prices declined. Nvidia perpetual futures open interest on Hyperliquid reached $535 million, while unrealized losses across bullish positions totaled approximately $14.6 million. Wall Street analysts raised concerns about Nvidia's leadership transition, although some expect its existing AI chip pipeline to support near term revenue.
Read the full story on crypto.newsBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to crypto.news.







