Whale liquidates over 100 Nasdaq 100 positions, with weekly losses reaching $2.9 million

On February 5, Coinbob's popular address monitoring showed that address 0x894… had closed its 10x leveraged XYZ100 (Nasdaq 100 index-mapped contract) position. The closing time was yesterday at 14:00 (UTC+8), just before the US stock market pre-market trading began. The position size once reached $21.1 million, and was finally closed at $25,291, resulting in an actual loss of about $300,000, with a total weekly loss of $2.9 million. The address also closed a 10x leveraged COPPER (copper futures-mapped contract) position, realizing a profit of about $360,000. The current total position size has dropped to about $4 million, with only long positions in Intel and Micron remaining.