Nvidia GTC Berlin Nears as Whale Holds $12.6M NVDA Short

Nvidia’s GTC Berlin conference runs from October 20 to 22, with CEO Jensen Huang scheduled to give a keynote from 17:00 to 19:00 Beijing time on October 21, according to a BlockBeats flash.

Investment backdrop

Nvidia has also announced plans to invest in four German startups as part of a nearly $10 billion European investment commitment, the flash said.

Whale position

TradingBeats monitored an unidentified address with the flash’s reported NVDA short entered at an average of $218.078. The position was valued at about $12.61 million and showed roughly $86,600 in unrealized profit at the time of the report. The source does not specify the instrument or explain the trade’s rationale.

Source: BlockBeats flash, citing TradingBeats monitoring.