Whale Closes $46M Long Positions in Tesla and Semiconductors, Shifts to Google
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Whale activity indicates a major shift, as a large account closed $46.3 million in long positions on Tesla, DRAM index, and SOXL, according to TradingBeats. The funds were reallocated into a $44.4 million long position on GOOGL at an average price of $345.865, with a floating loss of $188K and a liquidation price at $331.03. The whale also maintains a $1.22 million long position in Amazon. Key support and resistance levels will be critical in determining the next move.
Its average entry price is approximately $345.865, with an unrealized loss of about $188,000 and a liquidation price of $331.03; it also holds approximately $1.223 million in Amazon long positions.
(Source: BlockBeats)
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