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US semiconductor sector down 2.66%, on-chain NVDA and MU largest long positions temporarily in loss
Mars Finance News: On March 13, according to Hyperinsight monitoring, due to the ongoing Middle East geopolitical conflict, the U.S. stock semiconductor sector generally weakened today, closing down 2.66%. Among them, NVIDIA (NVDA) closed down 1.5%, and Micron Technology (MU) fell 3.2%. As a result, the prices of NVDA and MU contracts on Hyperliquid also declined simultaneously, but some rebounded after hours.
Monitoring shows that addresses associated with Continue Capital (0x3e3) currently hold approximately $14.5 million in semiconductor long positions. The intraday price drop turned these positions from profit to loss temporarily, but as on-chain contracts rebounded after hours, the position has been restored to profitability.
This address holds a 7x leveraged MU long position with a position size of $6.2 million at an average price of $383; it also holds a 5x leveraged NVDA long position with a position size of $8.4 million at an average price of $190.