On November 4th, a long position in NVDA was reversed to a short position, and within eight days, the short position had increased to 177,000 shares, with a floating profit of approximately $1.57 million. A major short-selling whale on Hyperliquid HIP-3 added approximately 10,078 long positions in NVDA in the early morning of November 3rd, which were mostly closed by the evening of the same day, and turned to a short position on the morning of November 4th. By 8 PM on November 10th, the short position had increased to 62,267 shares, and by 11 AM this morning it had reached 167,014 shares. After 11:06 AM, it opened 506 more short positions, all in a short position, without closing any positions. ◎In this hour, the short position increased by approximately 10,137 shares, with an average short entry price of approximately $160.96 (approximately $1.63 million). ◎ He currently holds 176,696 short NVDA shares at an average opening price of $170.21 (notional value approximately $28.5 million). ◎ He has leveraged his entire position (10x leverage), with the current price at approximately $161.31, resulting in a floating profit of approximately $1.57 million. The liquidation price is $258.74. He also has over thirty short positions in US stocks, including short positions in GOOGL and MAmericaKHX, and long positions in SKHY, totaling approximately $146 million in notional value. This appears to be a basket of short positions, or perhaps hedging. Having switched from long to short positions only eight days ago, he has already increased his short positions to 2.8x the level of the position he held on the evening of November 10th. Is he waiting for NVDA to drop further, or is he hedging other long positions? Address: 0x024294c53a69c1e6b39810b3fac87385752fffa1 Data is a snapshot taken at 12:04 (Singapore time). The above is for on-chain data observation only and does not constitute investment advice.