A whale investor liquidated all long positions in tech and semiconductor stocks at high prices; the account’s unrealized loss exceeded $10.4 million on the 30th.
Svmuu News: On-chain analyst "Aunt Ai" posted on X, stating that the U.S. AI semiconductor sector has fallen again, with the Philadelphia Semiconductor Index dropping 4.3% in a single day. It has now corrected by more than 22% from its mid-June high, entering a technical bear market. "Cave Man" asssdfc, who had been long a basket of tech and semiconductor stocks, liquidated his entire position this morning; as of the 30th, his account showed an overall unrealized loss of over $10.4 million.
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Source:Odaily · Source Link
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