Svmuu News: According to Hyperinsight’s monitoring, the GOOGL long position (0xC8b) disclosed last night accumulated a total of 38,800 GOOGL long contracts between 10:00 p.m. yesterday and 4:00 a.m. today, with a total value of approximately $13,557,800, at an average price of $349.28; this represents an increase of approximately $2.8978 million compared to the position at the time of disclosure.
Following the release of the earnings report, this whale began reducing its position at 5:43 a.m. this morning and closed out all of the aforementioned long positions two hours ago at a price of $330.29, recording a loss of $737,000.
This whale had previously realized a profit of approximately $1,717,800 on its previous round of MU long positions. Currently, its sole position has reverted to MU, with a long position of 24,600 contracts using 3x leverage, with a position value of approximately $23,956,100, an average entry price of $977.60, an unrealized loss of approximately $97,900, and a liquidation price of $354.91.
$740,000 Loss: Whale Liquidates 10 Million Long Positions Ahead of Google’s Earnings Report
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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