With a nearly 40 million scale heavy position in NASDAQ and copper, the "Prestigious Block Trader" has earned $2 million in profit this month.

BlockBeats News, January 28 — According to Coinbob’s popular address monitoring, the “Distinguished Block Trader” address (0x894…) currently holds a total position of approximately $48.16 million, with a profit of $2 million this month. The address currently holds five on-chain stock positions and one precious metal copper position, with about 79% of the holdings in the Nasdaq 100 index and copper futures contracts. The main profits now come from the Nasdaq and Micron Technology. The current major holdings are as follows:

10x XYZ100 (Nasdaq 100 Index): Position size approximately $21.18 million, average price $25,443.47, liquidation price $23,403.7, unrealized profit about $579,400.

10x COPPER (Copper futures mapping contract): Position size approximately $17.82 million, average price $5.94, liquidation price $5.5, unrealized profit about $82,400.

5x PLTR (Palantir Technologies): Position size approximately $2.99 million, average price $165.47, liquidation price $152, unrealized loss about $247,500.

10x MU (Micron Technology): Position size approximately $2.59 million, average price $432.16, liquidation price $344.4, unrealized profit about $531,900.

This trader focuses on trading US stocks and on-chain precious metals on Hyperliquid. Previously, they were the largest long position in on-chain gold, but have now closed the position to take profits. The strategy has shifted to heavily concentrating on the Nasdaq and copper with a scale of nearly $40 million.