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「Esteemed Whale Trader」 Whale Long Floating Profit on Commodity has reached $2.2 million, with Nasdaq and Copper positions totaling $40 million

2 hours ago

January 29 — Per Coinbob Popular Address Monitoring, the "Noble Bulk Trader" address (0x894...) saw its unrealized gains widen to $2.2 million today, with a total position size of $49.2 million, driven by a rise in copper prices. Primary gains stemmed from copper futures contracts, where unrealized profits expanded by ~$1.1 million from yesterday. Key holdings as of now: - 10x XYZ100 (Nasdaq 100 Index): ~$21.12M position, average entry $25,443.47, liquidation price $23,421, unrealized gain ~$530k (20%). - 10x COPPER (Copper Futures Synthetic Contract): ~$18.97M position, average entry $5.91, liquidation price $5.50, unrealized gain ~$1.22M (44%). - 5x PLTR (Palantir Technologies): ~$2.87M position, average entry $165.47, liquidation price $152, unrealized loss ~$2.36M (-138%). - 10x MU (Micron Technology): ~$2.66M position, average entry $343, liquidation price $325, unrealized gain ~$600k (74%). This trader focuses on U.S. stocks and on-chain precious metals, and previously held the largest long position in on-chain gold. It has since closed out its position to lock in profits, shifting its strategy to heavily going long on the Nasdaq and copper—with a combined position of nearly $40 million.
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