Nvidia Stock Crashed On Hyperliquid First As Huang Scandal Broke Over The Weekend
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Nvidia perpetual futures on Hyperliquid fell to as low as $180.15 by 3:30 p.m. New York time on Sunday, trading roughly $200 million in volume hours before the underlying stock market opened, as traders reacted to the Jensen Huang scandal over the weekend. The move marked the first price discovery on the news, with the xyz contract on Nvidia sliding ahead of Monday's cash session. The episode highlights how decentralized perpetual venues are increasingly setting the tone for major equity-linked tokens outside traditional market hours. What to watch next is whether Hyperliquid's implied Nvidia price converges with the official open on Monday and whether volumes keep building on the xyz contract.
Muhabbit's AI wrote this summary in its own words from Coinpedia's report. It can get details wrong, so check the source.
Named in this story
Nvidia (NVDA), Hyperliquid (HYPE), Jensen Huang
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