NVIDIA Gives Back Gains After GTC Conference, Storage Sector Surges as SanDisk Rises 6.35%, Driving On-Chain Whales to Take Profits

Gate News, March 17 — According to Hyperinsight monitoring, following the conclusion of Jensen Huang's keynote speech at GTC, NVDA contracts on the Hyperliquid platform experienced significant volatility. During the speech, NVDA briefly spiked, reaching a high of nearly $189 and a low of $181, with a volatility of 4.1%. As of press time, NVDA is trading at $183.1, retracing some of its pre-event gains, with U.S. stocks closing with a narrower gain of 1.65%.

In contrast, the storage sector performed more strongly. MU (Micron Technology) closed up 3.68%, and SNDK (SanDisk) closed up 6.35%.

On the Hyperliquid platform, a whale (0x6ba) who has been steadily building a position in SNDK over the past week at an average price of $630 has seen their unrealized profit grow to $740,000 (28%), with a position size of $7.04 million, making them the largest SNDK long on Hyperliquid.

Additionally, MU's largest long position, held by an address associated with Continue Capital (0x3e3), currently has a position size of about $6.7 million, with an unrealized profit of $900,000 (58%).