US semiconductor stocks fell 2.66%, as on-chain NVDA and MU’s largest long positions briefly turned to losses

Gate News message. On March 13, according to Hyperinsight monitoring, due to the ongoing impact of Middle East geopolitical conflicts, the U.S. stock semiconductor sector overall weakened today, closing down 2.66%. Among them, Nvidia (NVDA) closed down 1.5%, and Micron Technology (MU) closed down 3.2%. Affected by this, Hyperliquid’s NVDA and MU contract prices fell in tandem, but during after-hours trading, they have already partially rebounded.

Monitoring shows that the address (0x3e3) associated with Continue Capital currently holds about $14.5 million in semiconductor-sector long positions. Today’s intraday price drop temporarily turned it from profit to loss, but as the on-chain contracts rebounded in after-hours, the position has returned to break even.

The address holds MU long positions with 7x leverage, with a position size of $6.2 million and an average entry price of $383; it holds NVDA long positions with 5x leverage, with a position size of $8.4 million and an average entry price of $190.