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Whale Bets Against Nvidia Over Scandal

Hyperliquid account data showed an unidentified wallet shorting 30,000 Nvidia perpetual futures between Nov. 8 and Nov. 9, after Jensen Huang’s memo about his affair was published. The roughly $5.37 million position carried 10x leverage; its reported gain of about $67,000 was unrealized. Nothing in the data shows whether the trader had special insight.

Huang disclosed the affair in his memo, while a separate claim that the other person was recruited to spy on him remains an allegation. Nvidia’s board said it had no reason to believe national security or company secrets were compromised, but opened an independent inquiry. Three Republican House committee chairs asked Huang to attend a Nov. 18 briefing, the day after Nvidia’s scheduled earnings report.

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