On-chain NVIDIA contract long/short game comes to a close as both multi-million-dollar whales liquidate their positions and exit.

BlockBeats News, March 4th, according to Coinbob Popular Address Monitor, since the price of NVIDIA plunged from $200 on the 26th, it has been oscillating around $180 recently.

At 11 pm last night, the largest long on NVDA on Hyperliquid, 0xRay (X: 0xRay518), liquidated his position at an average price of $178 due to stop-loss, resulting in a loss of approximately $1.05 million. This address had a position size of $16.5 million previously, with an average price of $190 and a peak floating profit of over $400,000. On the same day, his long position on MU was also fully liquidated after two forced closures, with a previous size of about $1.42 million, resulting in a small loss of $90,000.

At the same time, the largest short on NVDA, CBB (X: Cbb0fe), also closed out all his short positions in the past two days, with a previous position size of $10.5 million, with an average price also around $190. With this, the long and short battle surrounding the NVDA contract has temporarily come to an end.

After closing out his positions, CBB shifted his focus to other assets, currently holding mainly around $14 million in long positions in precious metals, while also shorting crude oil, Micron Technology, and SanDisk with a size of about $10 million.