「Stock Market Meme King」 Liquidates HYPE Longs, Returns to US Stock Market, Opens $24.5 Million NVDA Position

BlockBeats News, August 31st. According to TradingBeats (formerly Hyperinsight) monitoring, the previously tracked "US Stock Market Big Winners" have essentially exited their HYPE long positions. Their HYPE perpetual contract longs have decreased from approximately 152,800 to 118,200 contracts; the spot account now holds only about 3,749 HYPE.

Their main risk exposure has now been reallocated to the US stock market. The whale is currently 20x leveraged long approximately 112,800 shares of NVDA, with a position value of around $24.495 million, an entry price of $220.08 per share. NVDA is currently trading at around $217.15, resulting in a floating loss of about $330,000, a return rate of approximately -26.6%, with the position opened two days ago.

In addition, the whale has also placed 169 sell orders around NVDA:

40 "Reduce Only" sell orders are placed at $221.7 to $222.5, planning to reduce holdings by about 46,200 shares, with a notional value of around $102.67 million, covering approximately 41% of the current long position;

129 non-"Reduce Only" sell orders are placed at $218.95 to $228.33, planning to sell about 192,500 shares, with a notional value of around $425.86 million, with the order quantity exceeding about 70.7% of the existing long position.

If the above non-"Reduce Only" sell orders are fully executed, the whale may further switch to a short position after exiting the remaining NVDA long position. Currently, the whale is the largest holder of NVDA on Hyperliquid.

The on-chain perpetuals and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, from address tracing to whale operations, providing in-depth analysis for a comprehensive view.