A prominent crypto trader, known as "Noble Blocktrader," has achieved an unrealized profit of $2.2 million, driven by a surge in copper prices. The trader's total portfolio now stands at $49.2 million, with significant gains from copper futures contracts, which contributed approximately $1.1 million in profit today alone.
The trader's major positions include a $21.12 million stake in the Nasdaq 100 Index, yielding a floating profit of $530,000, and an $18.97 million position in copper futures, with a floating profit of $1.22 million. Other holdings include Palantir Technologies and Micron Technology, with varying results. The trader's strategy focuses on U.S. stocks and on-chain precious metals, with a current emphasis on the Nasdaq index and copper.
Whale Trader Nets $2.2M Profit from Copper Futures Amid $49.2M Portfolio
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