Silver Iron Head Short Seller Enters NVIDIA Trade with Leverage

According to HyperInsight's latest data on February 26, the well-known bearish trader 'Silver Iron Head' (address: 0x61cee) has initiated a significant short position targeting the NVIDIA mapping contract xyz:NVDA.

Breakdown of the Trade

The trade employs 10x leverage and involves a total of 66,640 xyz:NVDA tokens. At an average entry price of $196.37, the total position value amounts to approximately $13.19 million. Despite a current floating loss of $108,000 due to market volatility, this move has sparked renewed interest in NVIDIA's near-term price action.

• Date: February 26
• Leverage: 10x
• Short Amount: 66,640 xyz:NVDA
• Average Price: $196.37
• Position Size: ~$13.19 million

This trade was placed ahead of NVIDIA's upcoming earnings release, with market expectations around AI chip demand likely to play a key role in shaping future price movements.