Trader Opens $1.66M NVDA Long on Hyperliquid

Popular trader @CL207 has taken a bold bet on Nvidia (NVDA), opening a 10x leveraged long position on Hyperliquid valued at $1.66 million. The size of the position — 9,000 xyz:NVDA contracts — and the chosen liquidation price of $174.89 suggest strong conviction in Nvidia’s upward momentum.

This move has caught attention not only because of the position size, but also due to the growing use of decentralized perpetuals platforms like Hyperliquid for trading traditional equities through synthetic assets.

Why This Trade Matters

Nvidia has been one of the market’s standout performers in 2025, driven by strong demand for AI chips and positive earnings. While the stock has already seen massive gains, @CL207’s long trade signals a belief that NVDA still has room to run.

The use of 10x leverage means the position carries high risk — any dip toward the $174.89 liquidation level could trigger a full loss. But it also reflects the trader’s bullish outlook in a market that’s still hot on AI momentum.

This trade also shines a light on Hyperliquid, a rising player in decentralized trading. Offering synthetic equity exposure with high leverage, it’s becoming a go-to platform for risk-tolerant traders looking beyond crypto-native assets.

The Broader Impact on On-Chain Trading

As platforms like Hyperliquid gain traction, traditional asset trading is expanding into DeFi. With transparency baked in, trades like @CL207’s become public insight into market sentiment — and sometimes, speculation fuel.

Whether this trade pays off or not, it underlines how decentralized derivatives are increasingly being used for high-stakes moves on real-world assets, blurring the lines between Wall Street and Web3.