US Semiconductor Sector Falls 2.66%: On-chain NVDA and MU's Largest Long Positions Experience Short-Term Losses

BlockBeats News, March 13th, according to Hyperinsight monitoring, affected by the ongoing Middle East geopolitical conflict, the U.S. semiconductor sector weakened today, with a overall decline of 2.66%. Specifically, NVIDIA (NVDA) fell by 1.5%, Micron Technology (MU) fell by 3.2%. Due to this impact, the NVDA and MU contract prices on Hyperliquid also fell simultaneously, but have partially rebounded in the after-hours trading.

The monitoring shows that addresses associated with Continue Capital (0x3e3) currently hold about $14.5 million in long positions in the semiconductor sector. The intraday price drop today temporarily turned their gains into losses, but as on-chain contracts rebounded after hours, this position has resurfaced above water.

This address holds a 7x leveraged long position in MU, with a position size of $6.2 million, an average price of $383; holds a 5x leveraged long position in NVDA, with a position size of $8.4 million, an average price of $190.