BlockBeats news, on March 27, according to monitoring by Hyperinsight, the semiconductor sector is under pressure due to multiple negative factors. On one hand, the attack by Iran has led to a “halving” of helium supplies from Qatar, causing a decline in the stock price of NVIDIA (NVDA), which heavily relies on this inert gas; on the other hand, Micron Technology (MU) continues to decline due to factors such as Google’s latest paper. The technology sector overall is performing poorly.
Against this backdrop, the whale “Continue Capital affiliated address” that is long on the semiconductor sector has incurred losses of up to $500,000 in a single day, with weekly losses expanding to $1.45 million. Currently, this address still holds a total of $14 million in long positions:
5x leverage NVDA long position: average price $190, unrealized loss $760,000 (-94%), liquidation price $159.9;
7x leverage MU long position: average price $390, unrealized loss $380,000 (-49%), liquidation price $339.9.
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