BlockBeats News, August 11th, according to TradingBeats (formerly Hyperinsight) monitoring, the whale with wallet address starting with 0xc8b, who heavily longed LITE and MRVL before the market opened yesterday, did not liquidate the position. After 18:00 yesterday, the address continued to increase the long position on LITE, with a total additional trading volume of approximately $11.68 million, and there was no closing transaction during this period.

Currently, the whale has a 3x leverage long position of about 16,800 LITE, with a position value of approximately $13.69 million, an entry price of $904.2, an unrealized loss of about $1.49 million, and a return rate of approximately -29.5%.

It also holds about 49,300 MRVL long positions, with a position value of approximately $10.286 million, an entry price of $222.3, an unrealized loss of about $667,000, and a return rate of approximately -18.3%; there has been no adjustment to this position since yesterday.

The total value of these two tech stocks' long positions is currently about $23.955 million, with a total unrealized loss of about $2.157 million. The whale continued to increase the position after the price of LITE fell yesterday, but there has not been a significant rebound in price, and the additional long positions are once again at a loss.

Previous whale news: US Stock Unusual OI Overview: Nasdaq 100 Open Interest Increases by $41 million, MRVL and LITE Surge by 64% and 151% respectively