A Hypurrscan screenshot showed 60,000 Nvidia-linked contracts at an average entry price of $159.19, compared with a displayed market price of $155.86. The position had an unrealized loss of $199,541 and a separate negative funding balance of $4,002.51. The 50 pending buy orders covered another 20,000 units; the screenshot did not show that they had been filled.
If all the orders execute and the existing position remains open, the trader would hold 80,000 units. The combined exposure would be about $12.39 million at the quoted values, though both prices and execution could change that figure.
Nvidia confirmed that Jensen Huang had immediately left his roles as president, CEO and director. CFO Colette Kress became interim CEO while keeping her finance position, and longtime director Harvey C. Jones became the board’s first chair. The board began searching for a permanent successor.
The same account had a larger position in Micron perpetuals: 40,000 units valued at $30.69 million, using 10x cross leverage. It showed $320,051 in unrealized losses and negative funding of $48,744. The two positions together represented $40.04 million in displayed exposure, with trading losses approaching $519,600, excluding funding.
Lookonchain said the trader had completed 28 trades with a 75% win rate and earned more than $6 million in realized profit. An earlier HyperAcademy snapshot on Nov. 12 put Nvidia perpetual volume at $1.37 billion over 24 hours, with $531.2 million in open interest.
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