NVIDIA tokenized stocks traded through a shock on Sunday, November 8, when news about Nvidia’s CEO broke while Wall Street was closed. At 20:12 UTC, CNBC reported that Nvidia’s board was investigating CEO Jensen Huang’s relationship with a woman U.S. intelligence agencies suspect of spying for China.
The stock market was closed. Tokenized versions of Nvidia, which trade around the clock on crypto platforms, were not. Within 30 minutes, Nvidia’s market on Hyperliquid fell 3.3%.
By the time Wall Street opened on Monday, 18 hours later, the token traders had already found the price. Hyperliquid’s Nvidia market stood at $173.27 a minute before the opening bell. Nvidia opened at $173.07, just 0.1% away.
Nvidia reports earnings on November 17, after the market closes. So can tokenized stocks call the move again?
NVIDIA Tokenized Stocks Called the Open to Within 0.1%
The weekend gave tokenized markets a clean test. Nvidia closed Friday at $186.64 on the Nasdaq, and nothing traded on Wall Street until pre-market trading opened at 4 a.m. in New York on Monday, or 09:00 UTC.
We tracked Nvidia’s price on Hyperliquid minute by minute. The market there is a perpetual contract run by trade.xyz, a type of futures contract with no expiry date that follows the share price.
- Before the news: $186.34 at 20:12 UTC on Sunday, close to Friday’s close.
- 27 minutes later: $180.15, down 3.3%.
- When pre-market opened: $178.45. Token traders had already covered 60% of the gap between Friday’s close and Monday’s open.
- A minute before the open: $173.27. Nvidia opened at $173.07 on the Nasdaq, so the token had covered 98.5% of the move.
Backed tokens moved the same way. NVIDIA xStock (NVDAx), a token on Solana backed by real Nvidia shares, fell from $188.13 on Sunday at 20:00 UTC to $175.98 by 08:00 UTC on Monday. Hourly prices on CoinGecko show the same overnight slide.
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Weekend Trading in Tokenized Nvidia Jumped Almost Fivefold
The news pulled in traders. Between Friday’s close and Monday’s pre-market, $258.5 million worth of Nvidia traded on Hyperliquid.
That is 4.7 times the average of the four weekends before, when the same 60-hour window saw $33 million to $72 million.
The timing explains it. Over a normal weekend, almost nothing happens to Nvidia, so the tokenized market is quiet. This weekend, it was one of the few places where traders could act on the news for about 13 hours.
There is an irony here. On November 2, Nvidia joined the companies objecting to tokenized versions of their shares on OKXICE, the planned venue from NYSE owner Intercontinental Exchange (ICE) and the crypto exchange OKX.
Nvidia’s November 17 Earnings Are the Next Test
The next big Nvidia news will also land when Wall Street is mostly closed. Nvidia reports its third-quarter results on Tuesday, November 17, after the market closes, with a call at 5 p.m. in New York.
The regular after-hours session runs until 8 p.m. in New York. From then until 4 a.m., tokenized markets are among the few places still trading Nvidia.
The test will be harder this time. Weekend news hit a quiet market with one clear direction. Earnings bring a flood of numbers at once, and the first move after a report often reverses.
Nvidia Price Analysis: Can NVDA Hold $170?
Nvidia trades at $173.17 on the Nasdaq on Tuesday, down 3.1% after hotter-than-expected U.S. inflation data. It touched $170.12, its lowest price since March 31. It is 28% below its record close of $239.24 on October 6.
On Hyperliquid’s four-hour chart, where each candle covers four hours, Nvidia sits below both of its exponential moving averages (EMAs), averages that give recent prices more weight. The 50-period EMA stands at $189.53 and the 200-period EMA at $206.78.
- Resistance: $183.26, Tuesday’s overnight high on Hyperliquid, then $189.53, the 50-period EMA.
- Support: $170.12, Tuesday’s low on the Nasdaq, then $164.27, the March 30 low.
XYZ:NVDA 4H chart. Source: Hyperliquid.
ScenarioTriggerLevel to watchRecoveryA close above $183.26$189.53, the 50-period EMAHolding patternNvidia stays between $170 and $183A range into the November 17 earningsFurther dropA close below $170.12$164.27, the March 30 lowCrypto Expert Report: What Are the 10 Next Crypto to Explode in 2026?
For NVIDIA tokenized stocks, the weekend was proof that they can price news before Wall Street. On November 17, watch the tokenized price between 8 p.m. and 4 a.m. in New York for the first read on Nvidia’s earnings.
The post NVIDIA Tokenized Stocks Priced Monday’s Drop 18 Hours Before Wall Street Opened. Earnings Next? appeared first on Tokenist.
