The intense long-short battle over NVIDIA futures contracts has concluded as major players exit their positions. Following a price drop from $200 to around $180, Hyperliquid's largest NVDA long position holder, 0xRay, closed out at an average price of $178, incurring a loss of approximately $1.005 million. This position was initially valued at $16.5 million with peak unrealized profits exceeding $400,000. Simultaneously, NVDA's largest short seller, CBB, closed all short positions over the past two days, previously holding $10.5 million at an average entry price near $190. Post-closure, CBB has redirected focus to other assets, holding $14 million in long positions in precious metals and shorting oil, Micron Technology, and SanDisk with a total size of about $10 million. This marks a temporary end to the bullish-bearish contest around NVDA contracts.