A certain whale, or perhaps anticipating a post-investigation weakness in Nvidia's stock, opened a $5.44 million short position.

BlockBeats news, November 9 - According to TradingBeats monitoring, a whale starting with 0xc3ed opened a new short position of approximately $5.44 million in NVDA after Nvidia's board of directors issued a statement on an independent investigation, with an average entry price of $181.33, using 10x cross margin leverage. As of press time, the position has an unrealized profit of approximately $65,200.

On the news front, Nvidia's board of directors issued a statement in the early hours of today Beijing time, announcing the launch of an independent investigation into reports that Jensen Huang may be a target of foreign intelligence activities, led by an independent director committee and external independent legal counsel. The board stated that there is currently no reason to believe that U.S. national security or Nvidia confidential information has been compromised, and expressed confidence in Jensen Huang and his leadership team. Jensen Huang has committed to cooperating with the investigation.

After the statement was released, the on-chain NVDA contract fell from approximately $187.52 to $179.13, a decline of about 4.47%; during the same period, XYZ100 rose about 0.38%. The NVDA contracts of two deployers on Hyperliquid had a combined trading volume of approximately $191 million over the past 24 hours, with open interest nominal value of approximately $117 million.