NVDA is now the largest HIP-3 market by open interest ($535M) and the fourth-largest market on Hyperliquid, behind only BTC, ETH and HYPE.
That's up 5.8x in 7 days and 2.4x its previous open interest peak of $227M in June.
It surpassed $1B in daily trading volume today for the first time.
The biggest position is a 348K NVDA ($56M) short held by Jump (non-directional). The largest directional position is a 191K NVDA ($30.7M) long built over the past 24 hours at an average entry of $174.43, already down $2.6M.
Of the 9,517 wallets trading this market, 83% are long, while market makers account for 70% of short open interest.
The average long entry is $169.55, versus a mark price of $160.66 (5.2% below that entry), with total unrealized losses across all NVDA longs at $14.6M.
#HuangExitNvidiaStrategyInFocus
That's up 5.8x in 7 days and 2.4x its previous open interest peak of $227M in June.
It surpassed $1B in daily trading volume today for the first time.
The biggest position is a 348K NVDA ($56M) short held by Jump (non-directional). The largest directional position is a 191K NVDA ($30.7M) long built over the past 24 hours at an average entry of $174.43, already down $2.6M.
Of the 9,517 wallets trading this market, 83% are long, while market makers account for 70% of short open interest.
The average long entry is $169.55, versus a mark price of $160.66 (5.2% below that entry), with total unrealized losses across all NVDA longs at $14.6M.
#HuangExitNvidiaStrategyInFocus