Wall Street analysts bluntly stated that the ousting of Jensen Huang could lead to a 20% plunge in the stock price.

According to Lookonchain’s monitoring, a whale that had been dormant for approximately 4 years transferred 1,000 BTC to Binance 8 hours ago, valued at around $73.78 million.

Serenity said in a statement that it hopes NVIDIA’s board of directors will continue to support Jensen Huang amid media and political pressure, citing how Tesla and SpaceX backed Elon Musk when he faced similar allegations. Serenity argues the incident will not end the AI investment rally, but keeping Huang in his role is more aligned with NVIDIA’s interests. If Huang steps down, significant uncertainty could trigger a sharp decline in NVIDIA’s valuation and push large capital flows to rivals like AMD. Earlier reports noted that, beyond the extramarital affair he had already admitted, Huang also had an extramarital relationship with Kimberly Powell, vice president of NVIDIA’s healthcare division. This marks the second time Huang has been exposed for an extramarital affair in a week. Separately, The Wall Street Journal reported that NVIDIA’s board is preparing to oust Huang, with a special meeting to discuss his position scheduled as early as local time on November 11. The news sent NVIDIA’s stock down roughly 9% in after-hours trading.

A whale deposited 1,000 $BTC ($73.78M) into #Binance 8 hours ago after 4 years of inactivity.

According to U.S. media outlet Semafor, some Nvidia board members are leaning toward appointing Chief Financial Officer Colette Kress as interim chief executive officer. The outlet reports the board has not yet made a decision on the matter, with directors scheduled to hold a meeting on the evening of November 11 Eastern Time. Earlier, Semafor confirmed that following media reports of Jensen Huang’s second extramarital affair, Nvidia’s board is preparing to oust the CEO and founder, with a decision possibly coming as early as that day. A senior U.S. government official said the Nvidia board has notified the White House of its planned meeting. Semafor adds that the company’s stock dropped more than 8% in after-hours trading, hitting a 52-week low. According to Semafor, Jensen Huang has admitted to an extramarital affair with a woman. The board of the roughly $4 trillion market-cap company has announced that law firm Wachtell Lipton will lead the investigation into Huang. Semafor also notes that in addition to supplying advanced chips to cloud providers, Nvidia has secured a multibillion-dollar financing arrangement to fund artificial intelligence infrastructure construction.

According to on-chain analyst AI Yi’s monitoring, the address 0xF255161A.....c5345c62b deposited 4,114.5 ETH to the Kraken exchange roughly 10 hours ago, valued at $8.46 million with a deposit price of $2,056.57. The address has frequent interactions with block builders such as Titan Builder and Beaverbuild, and has fully liquidated its holdings following this deposit.

According to Crypto Briefing, Dubai-based investment firm Cequire Capital plans to deploy $100 million of its own capital into early-stage web3 companies and liquid digital assets. The firm said on the 10th that the three-year fund will be allocated to five sectors: stablecoins and stablechains, AI and autonomous agent payments, tokenized real-world assets, privacy technology, and post-quantum security. Cequire Capital intends to allocate 60% of the capital to venture investments, 30% to liquid assets, and 10% to co-investments, leading or co-leading pre-seed and seed rounds, with individual deal sizes ranging from $500,000 to $2 million. The firm added that the first $50 million is already deployable, with full allocation expected by the end of next quarter. Founded in 2024, Cequire Capital describes itself as a private investment management firm. It has partnered with family offices in the Gulf region and Southeast Asia, and has invested over $50 million in more than 20 web3 projects including Wyscale and TX24. Managing partner Salman Parcy noted that using its own capital eliminates reliance on fundraising cycles or external limited partners, adding that some of the best investment opportunities arise when the market is less crowded, enabling the firm to collaborate more selectively with early-stage founders and deploy capital on a longer-term basis.