US semiconductor sector down 2.66%, on-chain NVDA and MU largest long positions temporarily in loss

robot
Abstract generation in progress

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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin