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Prominent Bulk Trader Whale Longs Commodities with Floating Profit Reaching $2.2 Million, Including NASDAQ and Copper Positions Worth $40 Million
Summary: According to Coinbob, a popular address monitoring service, a prominent bulk trader's address (0x894...) has seen its floating profit expand to $2.2 million today, with a total position size of $49.2 million, driven by the rise in copper prices. Today's main profits come from copper futures contracts, with a floating profit increase of about $1.1 ...
According to Coinbob, a popular address monitoring service, a prominent bulk trader's address (0x894...) has seen its floating profit expand to $2.2 million today, with a total position size of $49.2 million, driven by the rise in copper prices. Today's main profits come from copper futures contracts, with a floating profit increase of about $1.1 million compared to yesterday. Some of the main current position information is as follows:
10x XYZ100 (NASDAQ 100 Index): Position size of approximately $21.12 million, average price $25,443.47, liquidation price $23,421, floating profit of about $530,000 (20%).
10x COPPER (Copper Futures Mapping Contract): Position size of approximately $18.97 million, average price $5.91, liquidation price $5.5, floating profit of about $1.22 million (44%).
5x PLTR (Palantir Technologies): Position size of approximately $2.87 million, average price $165.47, liquidation price $152, floating loss of about $2.36 million (-138%).
10x MU (Micron Technology): Position size of approximately $2.66 million, average price $343, liquidation price $325, floating profit of about $600,000 (74%).
This trader focuses on trading US stocks and on-chain precious metals, previously being the largest long position in on-chain gold. They have now closed their profit-taking position and shifted their strategy to heavily investing in NASDAQ and copper with a position size of nearly $40 million.
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Link: Prominent Bulk Trader Whale Longs Commodities with Floating Profit Reaching $2.2 Million, Including NASDAQ and Copper Positions Worth $40 Million [Copy]
