Today, 24 mega-whales bottom-fished Nvidia with over $64 million, Jensen Huang's future hangs in the balance.

November 12, according to TradingBeats monitoring, since midnight today, a total of 32 million-dollar accounts have opened new positions, of which 24 addresses have newly opened or re-established long positions in Nvidia, totaling approximately $64.26 million; during the same period, only 6 addresses newly opened and retained large short positions, totaling approximately $16.89 million. The long-to-short ratio of newly entered accounts reached 4:1, and the ratio of position value is approximately 3.81:1.

As of around 16:00 today, the NVDA contract on Hyperliquid was quoted at $161.86, down approximately 6.98% in the past 24 hours. The weighted average entry price of this batch of new longs is approximately $161.94, overall close to break-even, with a total floating loss of approximately $24,000; the weighted average entry price of new shorts is approximately $163.99, currently with a total floating profit of approximately $217,400.

Newly entered funds are clearly skewed long, but existing large positions are still dominated by shorts. According to statistics, among the current million-dollar positions in this contract, there are 49 long addresses and 27 short addresses, with the notional value of long and short positions at approximately $153 million and $265 million respectively, and the short scale is about 1.73 times that of longs. The long bias of newly entered accounts contrasts with the overall short bias of existing whales.

In addition, among the 9,517 wallets trading this market, 83% hold long positions, while market makers account for 70% of all short open interest. The average long entry price is $169.55, while the current market price is $160.66 (5.2% below the entry price).

On the news front, according to Bloomberg, Nvidia's board of directors is discussing Jensen Huang's future through remote meetings. Related personnel news continues to ferment, becoming an important event variable faced by this batch of newly added long and short positions.