As Intel fell in pre-market trading, a whale increased its short position to 146000 contracts
BIBIBI
AT A GLANCE
The report stated that an account increased its Intel short position to approximately 146000 contracts, with current unrealized profit of approximately 1549000 USD。
Article
Intel comes under renewed selling pressure before the market opens as a profitable whale further increases its short position 4500000 USD short position
BlockBeats reported that October 30, according to monitoring by TradingBeats, a whale continued adding to its Intel short position today, with the number of short contracts increasing from approximately 79900 contracts to 146000 contracts, an increase of approximately 82.7%.
Since today began, the account has cumulatively increased its net short position by approximately 66100 contracts in INTC and recorded net selling of approximately 4580000 USD. During the pre-market session for U.S. stocks, the whale further recorded net selling of approximately 2370000 USD, at an average execution price of 68.07 USD, an increase of approximately 31.3%.
The account currently holds approximately 146000 contracts in INTC short positions, worth approximately 10058000 USD, with an overall entry price of 79.52 USD, and unrealized profit of approximately 1549000 USD.
During the same period, the INTC contract was quoted at 68.91 USD, approximately 13.3%below the overall cost basis of its holdings. The position uses 10 x isolated leverage, with a liquidation price of approximately 82.46 USD.
Original link https://m.theblockbeats.info/flash/374671
Key points
01
BlockBeats reported that October 30 according to TradingBeats monitoring, a whale continued adding to its Intel short position.
02
The account's short position increased from approximately 79900 contracts to 146000 contracts, an increase of approximately 82.7%。
03
The account cumulatively increased its net short position today by approximately 66100 contracts in INTC short positions, with net selling of approximately 4580000 USD。
04
During the pre-market session for U.S. stocks, the account recorded net selling of approximately 2370000 USD, at an average execution price of 68.07 USD。
05
The account's holdings of INTC short positions are worth approximately 10058000 USD, with an overall entry price of 79.52 USD, and unrealized profit of approximately 1549000 USD。
06
INTC The contract was quoted at 68.91 USD, and the position uses 10 x isolated leverage, with a liquidation price of approximately 82.46 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A short position is a position that bets on a price decline. The account in the report continued increasing its INTC short position; because the contract quote is below its overall entry price, the position shows an unrealized profit. 10 x isolated leverage means that the position uses leverage and has an approximate liquidation price of 82.46 USD.
Why it matters to readers
This approximately 10058000 USD short position indicates that the account currently has a bearish bias INTC, but it represents the activity of a single account only and cannot be used to confirm the overall market direction.
Beginners should focus on distinguishing between unrealized profit and realized profit, and note that leveraged short positions carry the risk of prices rising toward the liquidation price.
Risks and unknowns
The position data comes from BlockBeats' account of TradingBeats' monitoring results; the original report did not provide the account's or trading platform's underlying records for independent verification.
The original report did not identify the owner of the account.
The headline says “increased its 4500000 USD short position,” while the body says net selling of approximately 4580000 USD, indicating a difference in methodology or rounding.
The original report says Intel came under heavy selling pressure before the market opened, but does not provide the corresponding decline.
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Short positions
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