Google whale's long position liquidated twice; approximately 9970000 USD position exited
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AT A GLANCE
According to BlockBeats, a whale's GOOGL long position was liquidated twice, with system liquidations totaling approximately 9971600 USD。
Article
Largest Google long liquidated and exited, with liquidations totaling approximately 10000000 USD BlockBeats reports that October 29, according to TradingBeats monitoring, a whale that substantially increased its Google position before yesterday's earnings report (beginning with 0x30af) was liquidated twice early this morning, and its entire GOOGL long position has been exited.
Only a small portion was exited through manual position closure; the remaining 32,612 shares of GOOGL were subsequently liquidated by the system, with liquidations amounting to approximately 9971600 USD, resulting in a loss of approximately 519000 USD.
The whale had previously purchased approximately 5975300 USD GOOGL yesterday morning, expanding its long position to approximately 12200000 USD, with an overall average entry price of 321.673 USD, using 20 x isolated-margin leverage. As of yesterday's pre-market session, the position was still showing an unrealized profit of approximately 105800 USD, but the market subsequently reversed.
However, it still holds approximately 10880000 USD in Microsoft long positions, using 15 x isolated-margin leverage, with an average entry price of 532.327 USD and an unrealized profit of approximately 311100 USD.
Original link https://m.theblockbeats.info/flash/374269
Key points
01
BlockBeats stated that October 29, according to TradingBeats monitoring, a whale with an address beginning with 0x30af was liquidated twice early this morning.
02
The whale’s previously held GOOGL long positions have been fully exited, with only a small portion exited through manually executed closing trades.
03
The remaining 32,612 shares GOOGL were liquidated by the system, with liquidations amounting to approximately 9971600 USD, resulting in a loss of approximately 519000 USD。
04
This whale previously bought approximately yesterday morning 5975300 USD GOOGL, expanding its long position to approximately 12200000 USD, with an overall average entry price of 321.673 USD, and using 20 x isolated-margin leverage.
05
As of yesterday's pre-market session, this GOOGL position was still showing an unrealized profit of approximately 105800 USD, but the market subsequently reversed.
06
This whale still holds approximately 10880000 USD Microsoft long position, using 15 x isolated-margin leverage, with an average entry price of 532.327 USD, currently showing an unrealized profit of approximately 311100 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This trader took a leveraged position betting on an increase GOOGL。After the market reversed, the account’s margin was insufficient, and the system forcibly sold the remaining position—this is “liquidation.” Its GOOGL long position has been closed, but the material states that the Microsoft long position is still being held.
Why it matters to readers
This incident shows that even previously profitable high-leverage positions may be rapidly forcibly closed due to adverse price movements; however, the material describes only the position of a single address and cannot confirm broader market impact.
Beginners should note that 20-times or 15-times isolated-margin leverage amplifies gains and losses; even a small adverse price movement may trigger liquidation. The unrealized profit mentioned in the text does not equal profit that has already been realized.
Risks and unknowns
The information comes from BlockBeats’ account of TradingBeats’ monitoring results; the original monitoring data and records of the address’s positions were not shown in the material.
The true identity behind the address cannot be confirmed based solely on the material.
The title’s claim of “Google’s largest long” lacks a defined comparison scope and supporting verification.
The materials do not specify whether this liquidation had an actual impact on GOOGL the price.
It remains unclear whether the Microsoft long position was retained or liquidated afterward.
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Long Position
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