Traders pile into NVDA longs after Jensen Huang's resignation: OI jumps from $5M to $14M
tomwanhh · x · 2026-11-12
Per Entropy Advisors data, NVDA perp trading on Variational exploded after Jensen Huang's resignation:
- Long open interest grew from $5M to $14M in a week;
- Short OI retreated to $2M;
- Daily volume surged from $5M to $86M;
- NVDA stock fell 10%.
Charts show $85.68M traded on Nov 12 alone with cumulative volume over $631M — traders on the platform are betting on a rebound.
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