Nvidia Stock Experiences Volatility Amid Major Trading Moves

On March 4, Nvidia's stock price has been fluctuating around $180 following a drop from $200 on February 26. According to BlockBeats On-chain Detection, significant trading activities have occurred involving Nvidia contracts. Last night at 11 p.m. UTC+8, the largest long position on Hyperliquid, held by 0xRay, was closed at an average price of $178, resulting in a loss of approximately $1.005 million. Previously, this position was valued at $16.5 million with an average price of $190, and had reached a peak floating profit of over $400,000. On the same day, 0xRay's Micron Technology (MU) positions were also fully liquidated after two rounds of clearing, incurring a minor loss of $90,000 from an initial size of $1.42 million. Meanwhile, the largest short position on Nvidia, held by CBB, was also closed over the past two days. This position was previously valued at $10.5 million, with an average price near $190. With these closures, the battle between long and short positions on Nvidia contracts has temporarily concluded. Following the closure, CBB has shifted focus to other assets, currently holding approximately $14 million in long positions on precious metals. Additionally, CBB has initiated short positions totaling around $10 million on crude oil, Micron Technology, and SanDisk.