Whale reportedly establishes GOOGL and ZEC long positions after closing ETH long positions
BIBIBI
AT A GLANCE
BlockBeats, citing TradingBeats, said that a whale fully closed GOOGL long positions and shifted to ZEC and ETH leveraged long positions.
Article
“Whale Tracking” Google’s largest bull closes positions at a loss 44000000 USD, with new long positions shifting to ZEC and ETH BlockBeats reports that October 21, according to TradingBeats monitoring, a whale that had originally held approximately 44000000 USD Google (GOOGL) contract long positions closed all 128400 contracts early today, at an average closing price of 338.70 USD, realizing a loss of approximately 919300 USD.
While closing the positions, the whale began establishing ZEC long positions, cumulatively purchasing approximately 14800 tokens early in the morning, and opening an additional 1935.58 ETH long positions this morning, including:
-ZEC（10 x isolated margin): valued at approximately 18731900 USD, with an average price of 1243.28 USD, an unrealized profit of approximately 333300 USD, and a liquidation price of 1177.99 USD；
- ETH（25 x isolated margin): valued at approximately 4743700 USD, with an average price of 2455.28 USD, an unrealized loss of approximately 8688 USD, and a liquidation price of 2405.91 USD.
The new positions currently have a combined unrealized profit of approximately 324600 USD, which has not yet been realized. In addition, the whale still holds approximately 1227200 USD in Amazon long positions, with an unrealized profit of approximately 14300 USD.
Original link https://m.theblockbeats.info/flash/372888
Key points
01
BlockBeats said that, according to TradingBeats monitoring, the whale closed 128400 Google (GOOGL) contract long positions, originally valued at approximately 44000000 USD。
02
The report stated that GOOGL the average closing price was 338.70 USD, realizing a loss of approximately 919300 USD。
03
The whale described in the report cumulatively purchased approximately 14800 tokens ZEC and opened an additional 1935.58 ETH long positions.
04
ZEC The position uses 10 x isolated margin, is valued at approximately 18731900 USD, has an average price of 1243.28 USD, an unrealized profit of approximately 333300 USD, and a liquidation price of 1177.99 USD。
05
ETH The position uses 25 x isolated margin, is valued at approximately 4743700 USD, has an average price of 2455.28 USD, an unrealized loss of approximately 8688 USD, and a liquidation price of 2405.91 USD。
06
The new positions have a combined unrealized profit of approximately 324600 USD, which has not yet been realized.
07
The whale still holds approximately 1227200 USD in Amazon long positions, with an unrealized profit of approximately 14300 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report describes a large trader first selling GOOGL contract long positions at a loss, then using leverage to bet on gains in ZEC and ETH. Unrealized profits are only book gains and are not actually received before positions are closed; when prices approach the liquidation price, leveraged positions may be forcibly closed.
Why it matters to readers
Large leveraged positions may draw market attention to the short-term trading movements of ZEC and ETH, but this is only a position change by a single trader and cannot alone demonstrate that the overall market will rise.
Beginners can use this to understand long positions, isolated margin, unrealized profits, and liquidation prices, but should not directly treat a single whale’s high-leverage trades as a basis for copy trading.
Risks and unknowns
The report only states that the data came from TradingBeats monitoring; the original article does not provide wallets, trading platforms, or position records that can be independently verified.
The whale’s identity cannot be confirmed from the original article.
ZEC and ETH positions use 10 x and 25 x leverage, creating a risk of forced liquidation when prices approach the liquidation price.
Unrealized profits and losses fluctuate with prices; the figures in the report are not realized results.
Position changes in a single account do not represent broad capital flows or the direction of the overall market.
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Related concepts
Contract long positions
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