Five Whales See $19.19 Million in U.S. Stock Longs Liquidated

Five large accounts holding U.S.-stock-related long positions had about $19.19 million in positions liquidated during an overnight U.S. market session, with realized losses totaling about $2.77 million.

The largest single position was a 7,884-contract LITE long, liquidated for about $7.35 million at an average price of $931.76, below its $1,078.11 cost. The trade realized a loss of about $1.15 million, while the account continued to hold roughly $15.61 million in META longs.

The other four accounts had liquidations involving NBIS, Oracle, SOXL, RKLB and CBRS. The NBIS position was a $1.84 million long and realized a loss of $376,900; that account still held about $13.56 million in positions in Nvidia, Google, SpaceX and Tesla. Another account's Oracle and SOXL longs were liquidated for a combined $5.62 million, with about $398,800 in realized losses. That account had no remaining contract positions on Trade.xyz.

An RKLB long worth about $2.49 million was liquidated at an average price of $56.04, below its $72.70 cost, realizing about $740,000 in losses. The account continued to hold Micron and gold longs and a crude oil short. A separate CBRS long worth about $1.90 million was liquidated at an average price of $138.92, realizing about $97,100 in losses.