Countdown to Jensen Huang stepping down! $NVDA Whales rake in $12 million—is the big money liquidating longs or turning around to wipe out shorts?

When bearish news is common knowledge, the blade often swings the other way.

My take: The big money is playing a double whammy: “liquidate longs first, then squeeze shorts.” On the 1-hour chart, NVDA is near 163 with a MACD death cross, but the RSI is already oversold. Seven-day net outflows of $351 million make the panic obvious.

On the liquidation map, 224 whale shorts are sitting on more than $12 million in unrealized profits, while the nominal long/short ratio is just 7.73%—shorts are extremely crowded. The meeting on whether Jensen Huang will stay or leave is underway, and the market is pricing in an 86% chance he steps down. Before the bearish news lands, the big money is most likely to first push the price down in a quick wick to sweep long stops near 163, then turn around and squeeze shorts on news of an interim CEO appointment.

Entry rationale: Don’t chase shorts. Aggressive traders can take a small long position near 158–160; conservative traders can wait for a rebound to a higher level before shorting!

Will Jensen Huang step down or not? Once the board’s decision comes out tonight, will this wick be gold or a knife? @老张说趋势 Stay tuned
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