With nearly $40 million heavily invested in the Nasdaq and copper, the "distinguished commodities trader" has made $2 million in profits this month.

BlockBeats News, January 28, according to Coinbob Hot Address Monitoring, the "Distinguished Block Trader" address (0x894...) currently holds a total position of approximately $48.16 million, with a monthly profit of $2 million. This address currently holds five on-chain stock positions and one precious metal copper position, with holdings in the Nasdaq 100 Index and copper futures contracts accounting for about 79% of the total, amounting to $39 million. The main profits currently come from the Nasdaq Index and Micron Technology. Some key position details are as follows:

10x XYZ100 (Nasdaq 100 Index): Position size is approximately $21.18 million, average price $25,443.47, liquidation price $23,403.7, with an unrealized profit of about $579,400.

10x COPPER (Copper Futures Mapping Contract): Position size is approximately $17.82 million, average price $5.94, liquidation price $5.5, with an unrealized profit of about $82,400.

5x PLTR (Palantir Technologies): Position size is approximately $2.99 million, average price $165.47, liquidation price $152, with an unrealized loss of about $247,500.

10x MU (Micron Technology): Position size is approximately $2.59 million, average price $432.16, liquidation price $344.4, with an unrealized profit of about $531,900.

This trader focuses on trading US stocks and on-chain precious metals on Hyperliquid, and was previously the largest on-chain gold bull. The gold position has now been closed for profit, with the strategy now shifting to a heavy position in the Nasdaq Index and copper, totaling nearly $40 million.