「Whale Tracking」: Google Pre-Earnings Whale Makes Multi-Million Dollar Long Bet, Realizes $740,000 Loss and Liquidates Position

BlockBeats News, July 23rd, according to Hyperinsight monitoring, revealed last night, the disclosed long position of GOOGL (0xC8b) continued to increase after the report. From 10:00 PM on July 22nd to 4:00 AM today, it accumulated a long position of 38,800 GOOGL, with a total value of approximately $13.5578 million, at a weighted average price of $349.28; an additional $2.8978 million was added compared to the initial disclosure.

After the financial report was released, the whale began to unwind the position at 5:43 AM this morning, and two hours ago, it closed all the above long positions at a price of $330.29, resulting in a loss of $737,000.

Alphabet's second-quarter revenue increased by 24% year-on-year, and Google Cloud revenue increased by 82% year-on-year; however, the company raised its full-year capital expenditure guidance from $180 billion to $190 billion to $195 billion to $205 billion, causing a post-market price reversal. At the time of writing, the GOOGL contract on Hyperliquid was temporarily trading at $334.27, down 4.34% intraday.

The whale had previously realized a profit of approximately $1.7178 million in the last MU long position. Currently, its only position has been converted back to MU, with a long position of 24,600 shares with 3x leverage, a position value of approximately $23.9561 million, an entry price of $977.60, an unrealized loss of approximately $97,900, and a liquidation price of $354.91.