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.