A whale opened nearly 3,000 long positions on GOOGL before the market open, making it the only million-level long position for this stock today
Odaily reports that Alphabet, Google's parent company, will hold its Q2 2026 earnings conference call at 4:30 AM Beijing time on July 23, with the earnings report to be released before the call.
According to Hyperinsight monitoring, ahead of the earnings release, a whale concentratedly purchased 2,978.2 GOOGL contracts before the market open, worth approximately $1.041 million, at an average entry price of $349.5. This is the only monitored new GOOGL position worth over a million dollars.
As of press time, GOOGL is down 1.5% on the day, temporarily trading at $349.6. The whale's entry price aligns with the day's intraday low after the pullback. They are currently holding this long position with 10x leverage, with an unrealized profit of approximately $186, remaining roughly flat. The liquidation price is $82, providing a downside buffer of about 76.5% from the current price. Apart from this position, the whale currently holds no other positions.
This address prefers left-side trading, having held MU positions multiple times and covering semiconductor assets like SKHX and SNDK. It typically engages in million-dollar-level short-term swings, with recent holding periods averaging around 15 hours. Losses have primarily resulted from failed attempts to anticipate trend reversals prematurely.
