Nvidia’s GTC conference is about to kick off, but one whale has just shorted it for $12.61 million!

Guys, this is a really unusual signal. $NVDAB
Jensen Huang is set to speak at GTC tomorrow, which should be a major positive catalyst. Everyone’s expecting the stock to rally. But what happened? A huge investor opened a $12.61 million short position in NVDA, and it’s already showing a profit.
What exactly is this whale worried about?
Seasoned traders know that in crypto and the stock market, good news is often “priced in” by the time it arrives. Everyone’s watching the conference and hoping to jump in for a quick gain, but moments like this are often a perfect opportunity for big players to sell into the hype. The fact that this guy is willing to short more than $10 million against all that positive news suggests he doesn’t believe the stock will keep rising—he may even think it’s already run too far. #英伟达40亿押注光模块

Don’t get carried away and jump into a long just because the conference is happening—you’ll probably end up holding the bag. Think like the whales and watch out for a spike followed by a pullback.
If the stock can’t climb during the conference and even starts to fall, we could follow the momentum and take a short position too. $BTC