NVIDIA ($NVDA) futures: 30,000 contracts, 10x short position spotted

A large investor shorted 30,000 NVDA-linked perpetual futures contracts on Hyperliquid at 10x leverage, a position worth about $5.44 million with an average entry price of $181.33 per contract, according to on-chain tracker Lookonchain. Among eight large tracked accounts on WhaleRadar as of 11:03 a.m. KST on the 9th, short positions made up roughly 74% of NVDA-linked futures exposure by value—$24.2 million short versus $8.7 million long. The trade highlights how perpetual futures venues like Hyperliquid are becoming a leveraged proxy for trading US equity-linked exposure around the clock. It matters because concentrated whale shorts can amplify moves in thin synthetic equity markets and signal bearish sentiment on Nvidia. Watch whether the position is scaled, closed, or flipped, and whether the short-heavy skew across tracked accounts persists.