New million-dollar long positions emerge in PLTR ahead of earnings, afternoon contract OI rises 15%

BlockBeats news, November 2 - According to TradingBeats monitoring, an account starting with address 0x9546 opened a new long position in PLTR via TWAP around noon, with a transaction value of approximately $938,200 and an average entry price of $187.64. The position currently has an unrealized loss of about $5,566, using 10x isolated leverage.

Meanwhile, PLTR contract open interest increased significantly in the afternoon. Over the past 4 hours, the notional open interest (OI) of PLTR contracts deployed on Trade.xyz rose from approximately $5.99 million to $6.9 million, an increase of about $910,000, or roughly 15.2%, mainly driven by the aforementioned account, whose long position notional value accounts for approximately 13.5% of total contract OI.

Palantir will release its third-quarter earnings after market close on November 2 (US Eastern Time), with the earnings call scheduled for 06:00 Beijing Time on November 3.