Today, 24 millionaire crypto whales bought the dip on NVIDIA for over $64 million, while Jensen Huang's future remains uncertain.

According to TradingBeats monitoring, since 00:00 today, 32 accounts with positions of over $1 million opened new positions. Of these, 24 addresses opened or re-established NVIDIA long positions totaling ~$64.26 million, while only 6 addresses opened and maintained large short positions in the same period, totaling ~$16.89 million. The long-short ratio of new entrants stands at 4:1, with a position size ratio of ~3.81:1. As of around 16:00 today, the NVDA contract on Hyperliquid is quoted at $161.86, down ~6.98% over the past 24 hours. The weighted average entry price of these new longs is ~$161.94, nearly at break-even, with a total floating loss of ~$24,000. For new shorts, their weighted average entry price is ~$163.99, currently generating a total floating profit of ~$217,400. Newly injected funds are clearly bullish, but large existing positions remain dominated by shorts. Statistics show that among the contract’s million-dollar-level positions, there are currently 49 long addresses and 27 short addresses, with nominal values of ~$153 million and ~$265 million respectively, meaning short positions are ~1.73 times the size of longs. The bullish bias of new entrants contrasts with the bearish stance of existing large whales. Separately, among the 9,517 wallets trading in this market, 83% hold long positions, while market makers account for 70% of all open short contracts. The average long entry price is $169.55, versus the current market price of $160.66 (5.2% below entry price). On the news front, Bloomberg reported that NVIDIA’s board of directors is holding a remote meeting to discuss the future of Jensen Huang. Related personnel news continues to develop, serving as a key event variable for these newly added long and short positions.