Huo Xing Finance reports that on July 31, according to on-chain analyst Aunt Ai (@ai_9684xtpa), a whale who had placed an $85.63 million long position betting on a rebound in AI stocks has taken profits, realizing a total gain of $1.345 million. Breakdown: SP500 20x long: $958,000 profit; MU 10x long: $485,000 loss; SNDK 10x long: $872,000 profit.
Whale closes $85.63M AI stock long position, realizes $1.345M profit
MarsBitShare
Summary
A whale has closed an $85.63M long-term investment position in AI stocks, realizing a $1.345M profit. The trade included a 20x long on SP500, generating $958K in gains, a 10x long on MU, which resulted in a $485K loss, and a 10x long on SNDK, adding $872K. The move demonstrates a disciplined take-profit strategy, with the investor locking in returns following a strong sector rebound.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.