AMD's post-earnings gains have largely been erased, with the bullish crowd as a whole slipping back into unrealized losses.

BlockBeats news, November 4th: AMD released its third-quarter earnings report this morning, with revenue of $13.377 billion, a year-over-year increase of 45%, and adjusted earnings per share of $2.09, both exceeding market expectations. Data center revenue and fourth-quarter revenue guidance also came in above expectations.

According to TradingBeats monitoring, after the earnings report was released at 05:15 Beijing time, AMD perpetual contracts rose from about $486.10 before the release to as high as $530.51, an increase of about 9.14%; they have now fallen back to $500.8, with the post-earnings gain narrowing to about 3.03%, having given back about two-thirds of the increase. The 24-hour trading volume is about $111 million, and the current notional value of open interest is about $17.51 million.

The area around the $522 long position break-even line previously highlighted in the quick news was briefly broken through, and the price was also once above the average entry price of $527.38 of the largest long whale 0xfd6a. However, that whale has not reduced its position since noon yesterday and currently still holds about $4.2483 million in AMD long positions, with an unrealized loss of about $225,200.