BlockBeats News, August 27, according to TradingBeats (formerly Hyperinsight) monitoring, a whale with the address starting with 0xaa53 is currently 10x leveraged long on 1900 LITE contracts, with a position value of approximately $1.836 million and an entry price of $819.9. As LITE rises to $966.4, its unrealized profit has expanded to around $278,000, with a collateral return rate of 178.6%.

The whale's profit in this round mainly comes from a low position increase two days ago. On the evening of August 24, when LITE fell to around $800, the whale concentratedly bought 1600 contracts, with a total transaction value of about $1.305 million and a weighted average purchase price of $815.4. The last 199.2 contracts were executed at $791.1, only about 0.7% away from the intraday low of $785.4.

The position increased two days ago has already seen an unrealized profit of around $242,000, contributing to 86.8% of the total unrealized profit in this round. LITE has currently risen by about 18.5% from its incremental average price and about 22.2% from the last purchase price of $791.1.

Initially, on August 22, the whale initiated a long position with an average entry price of $844.4 for 300 LITE contracts; the second round of purchases accounts for 84.2% of the current holding quantity and lowers the overall entry average price to $819.9.

LITE is now trading at $966.4, up approximately 10.0% in the last 24 hours, with a trading volume of around $4.781 million and an open position contract value of about $10.552 million. The whale's current liquidation price is $776.9.

It is reported that this is the whale's 6th round of establishing a LITE position, having previously gone long massively 40 hours before the August 10 financial report.