US Semiconductor Stocks Sector Falls by 2.66%, On-chain NVDA and MU Largest Long Positions See Short-term Losses

BlockBeats News, March 13. According to Hyperinsight monitoring, due to the ongoing impact of the Middle East geopolitical conflict, the US stock semiconductor sector weakened today, closing down 2.66%. Specifically, Nvidia (NVDA) was down 1.5% and Micron Technology (MU) was down 3.2%. As a result, contract prices for NVDA and MU on Hyperliquid also fell simultaneously, but there was a partial recovery in after-hours trading.

The monitoring shows that an address associated with Continue Capital (0x3e3) currently holds about $14.5 million in long positions in the semiconductor sector. Today's intraday price drop briefly pushed it from profit to loss, but with on-chain contracts rebounding after hours, the position has resurfaced above water.

This address holds a 7x leveraged long position in MU, with a position size of $6.2 million, an average price of $383; and holds a 5x leveraged long position in NVDA, with a position size of $8.4 million, an average price of $190.