GTC post-event Nvidia gains partially reversed, storage sector SanDisk strengthens and drives on-chain whale movement

MarsBitNews · 2026-03-17T06:46:52+00:00

On March 17, Hyperinsight monitored that following the GTC conference, NVDA contracts experienced volatility, with a high near $189 and a low of $181, representing a 4.1% swing. As of press time, NVDA was trading at $183.1, with US stock gains narrowing. In contrast, the storage sector showed strong performance, with MU and SNDK rising 3.68% and 6.35% respectively. A whale that accumulated SNDK at an average price of $630 is sitting on an unrealized gain of $740,000.

MarsBitNews

2026-03-17 06:46:52

Abstract generation in progress

Mars Finance News: On March 17, according to Hyperinsight monitoring, as the keynote speech by Jensen Huang at the GTC conference concluded, there was noticeable volatility in NVDA contracts on the Hyperliquid platform. During the speech, there were brief spikes, with the high reaching nearly $189 and the low dropping to $181, a fluctuation of 4.1%. As of press time, NVDA is trading at $183.1, retracing part of its pre-event gains, with U.S. stocks closing with a narrowed gain of 1.65%.

In comparison, the storage sector performed more strongly. MU (Micron Technology) closed up 3.68%, and SNDK (SanDisk) closed up 6.35%. On the Hyperliquid platform, a whale (0x6ba) who has been steadily building a position in SNDK over the past week at an average price of $630 has seen their unrealized profit increase to $740,000 (28%), with a position size of $7.04 million, making them the largest long on SNDK on Hyperliquid.

Additionally, the largest MU long position, held by an address associated with Continue Capital (0x3e3), currently has a position size of about $6.7 million, with an unrealized profit of $900,000 (58%).

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes