The Nasdaq index surged to a new all-time high, gaining 1.2% in a single day, following the arrival of a U.S. tech delegation in China led by Trump. Stocks of major tech companies, including Apple, NVIDIA, and Meta, rose significantly, contributing to a total Nasdaq increase of 4.03% since the announcement of the delegation on May 8. The largest long position on the Hyperliquid platform, XYZ100 (Nasdaq 100), has been actively increasing its holdings since the news broke, adding 490 contracts worth approximately $14.45 million. This strategic move has expanded the position to $40.2 million, with current unrealized profits reaching $1.7 million.