BlockBeats News, February 5, according to Coinbob Hot Address Monitoring Show, the "Noble Institutional Trader" address (0x894...) has liquidated all of its 10x leveraged XYZ100 (Nasdaq 100 index mapping contract) positions. The position was liquidated at 14:00 Beijing time yesterday, before the start of pre-market trading in the US.
The position size was previously 2.11 million U.S. dollars, with an average price of 25,443.47 U.S. dollars, and the unrealized gain once reached 580,000 U.S. dollars. The position was finally closed at a price of 25,291 U.S. dollars, resulting in the complete reversal of the unrealized gain and an actual loss of about 300,000 U.S. dollars. If the position had not been closed in time, with the Nasdaq index falling further by about 1.75% today, the loss could have expanded to more than 700,000 U.S. dollars.
In addition, the address also closed its 10x leveraged COPPER (copper futures mapping contract) position yesterday, with a position size of approximately 18 million USD, an average price of 5.94 USD, and ultimately realized a profit of about 360,000 USD.
Currently, the trader's total position size has dropped to about $4 million, with a weekly loss of $2.9 million. Possibly to avoid risks, the trader currently only holds long positions in Intel (xyz:INTC) and Micron (xyz:MU).
The trader focuses on trading U.S. stocks and on-chain precious metals. Previously, he was the largest bull for on-chain gold and had heavily invested in the Nasdaq index and copper prices with a position size of $40 million.