Meta's biggest long position first hit with forced liquidation, then fully closed out, exiting with a $2.3 million loss.

BlockBeats news, October 23 - According to TradingBeats monitoring, the largest META long position holder has completely liquidated all holdings. As Meta's stock price plummeted, the whale first faced partial forced liquidation, then gradually closed the remaining long positions, realizing a cumulative trading loss of approximately $2.2961 million.

The address cumulatively closed 27,163.376 META long positions, with a transaction value of approximately $17.6676 million, at an average closing price of about $650.42, roughly 11.5% lower than its position cost of $734.95.

Among them, the long positions were initially subject to forced liquidation, amounting to approximately $3.5204 million, resulting in a loss of about $472,400, accounting for roughly 20% of the original holdings. The remaining positions were subsequently liquidated, and the position has now shifted to shorting AAPL.