NVIDIA gives back today's gains, crypto KOL "CBB" reduces nearly half of their NVDA short position worth tens of millions

BlockBeats News, February 26 — According to Coinbob’s popular address monitoring, this morning Nvidia’s earnings report showed a 73% year-over-year revenue increase, surpassing expectations. Its stock price briefly surged past $200 at 5 a.m., up more than 4%, then gave back all gains.

Ahead of the earnings release, several well-known on-chain traders on the Hyperliquid platform had already positioned in NVDA (Nvidia mapped contracts). Among them, addresses related to CBB (X:Cbb0fe), 0xRay (X:0xRay518), and Continue Capital each held multi-million dollar NVDA positions. Current holdings are as follows:

0xRay (X:0xRay518), now the largest on-chain NVDA long position, holds a $16.53 million long position with an average price of $190, with an unrealized profit of $406,000, and has not reduced the position;

CBB (X:Cbb0fe), which was the largest on-chain NVDA short yesterday, significantly reduced its short position today, decreasing from $10.5 million to $5.96 million, with an average price of $188;

Addresses related to Continue Capital (X:Continue_VC) hold a long position of $10.02 million, with an average price of $190, and an unrealized profit of $250,000, and have not reduced the position.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

NEAR and PHA Steal Spotlight by Defying the Fall Across the Crypto Market

NEAR and PHA lead the trending cryptocurrencies, with significant gains of 10.59% and 38.19%, respectively. BTC and FAI follow, while oil and gas price fluctuations could influence the crypto market's stability.

TheNewsCrypto13m ago

BTC 15-minute increase of 1.06%: Macroeconomic liquidity expectations and institutional buying resonance driving the market

On March 3, 2026, from 12:00 to 12:15 (UTC), BTC experienced a significant surge, with a 15-minute return of +1.06%. The price ranged from 67,030.1 to 67,966.1 USDT, with an amplitude of 1.40%. This movement attracted widespread market attention, with active short-term trading and increased volatility indicating accelerated capital inflows into mainstream cryptocurrencies. The main drivers of this movement were the optimistic macroeconomic policy expectations and the resonance of buy orders from leading institutions. As the Federal Reserve's interest rate meeting approaches, the market generally expects to maintain stable interest rates and to conclude quantitative tightening (QT) before May.

GateNews31m ago

ETH short-term increase of 1.04%: Spot buying driven and deflation expectations resonate to amplify the rally

March 3, 2026 12:00 to 12:15 (UTC), ETH prices rapidly rose within the range of 1960.84 to 1990.3 USDT, recording a 1.04% return with an amplitude of 1.50%. The candlestick data reflect significant market activity during this period, with trading volume and volatility both at high levels, attracting widespread market attention. The main driver of this movement is active spot market buying, which pushed short-term prices higher. At the same time, leveraged funds in the futures market participated heavily, with open interest exceeding $25 billion, and approximately $96.85 million in long and short funds within the market.

GateNews31m ago

Traditional Finance Alert: XTIUSD has risen by over 8%

Gate News bot message: According to the latest Gate TradFi data, XTIUSD has risen by 8% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

GateNews42m ago

BTC Makes Green Daily Candle Despite Iran War

Bitcoin ($BTC) rose to $68,113, showing resilience amidst the U.S.-Iran conflict. It experienced a 1.9% increase and a market cap of $1.36T. With key resistance at $70K, March is critical for its future amid geopolitical tensions.

BlockChainReporter45m ago

Circle Stock Surges 60% After Earnings as USDC Growth and GENIUS Act Boost Investor Confidence

Circle's stock surged 15% after reporting strong growth in USDC, with supply rising 72% and revenue increasing 77%. Clearer U.S. regulations boosted investor confidence, reinforcing Circle's position in the digital asset market.

TheNewsCrypto1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)