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

March 4th Per Coinbob Popular Address Monitor, NVIDIA’s price has oscillated around $180 recently after dropping from $200 on February 26th. Last night at 11 PM, 0xRay (X: 0xRay518)—the largest NVDA long on Hyperliquid—liquidated his position at an average $178 due to stop-loss, incurring a ~$1.05 million loss. Previously, the address held a $16.5 million position with an average entry of $190 and a peak floating profit of over $400k. On the same day, his MU long position was fully liquidated after two margin calls, with a prior size of ~$1.42 million and a small $90k loss. Meanwhile, CBB (X: Cbb0fe)—the largest NVDA short—closed all his short positions over the past two days. His prior position size was $10.5 million, with an average entry of ~$190. With this, the NVDA contract’s long-short battle has temporarily concluded. After closing his positions, CBB shifted focus to other assets. He currently holds ~$14 million in precious metals longs, plus ~$10 million in shorts on crude oil, Micron Technology, and SanDisk.