https://wccftech.com/nvidia-rtx-3080-gpu-prices-fall-of-a-cliff-overnight-in-australia-global-prices-should-follow/

Following up on our reporting about NVIDIA slashing GPU prices yesterday, a lot of other sources have started corroborating the overarching trend of declining prices. The most interesting report comes from a tweet by HardwareUnboxed (via Videocardz) which says that prices of the RTX 3080 GPU in Australia have fallen from $2299 to $1499 AUD overnight - a decline of more than 35%. Combining this with the fact that a lot of retailers are trying to thin their inventory in case a bubble bursts and you have ripe conditions for a massive freefall in global GPU prices.

The specific GPU in question is the ASUS GeForce RTX 3080 TUF Gaming OC which declined in price by 35% overnight.