Odaily reports: Equation founder Vida shared his latest trading updates, stating that he has closed half of his NVDAUSDT 5x leveraged long position at an execution price of approximately $160.3, and will continue to hold the remaining half, betting on a reversal after the U.S. stock market opens. He believes that the market has overpriced the negative impact of Jensen Huang-related events, and that Huang may not necessarily step down as a result.
Vida also stated that he has exited most of his previously purchased Zhongji Innolight position at the original price. Reflecting on the trade, he noted that he initially bought the stock mainly to obtain RMB liquidity and chose a high-beta target in the same sector, but mistakenly applied his crypto market experience of bottom-fishing large-cap coins to the A-share market. In contrast, an additional 3.5 million RMB position in STAR Market ETFs that he later added has now gained approximately 15%. He indicated that he will consider buying index funds directly going forward.
