A whale that previously earned over $5.7 million from a long position in ChangXin Memory (CXMT) has continued to accumulate ANTH, a perpetual contract tracking Anthropic's valuation. The whale spent $694,100 via TWAP today, bringing its total ANTH position to $6.163 million, which now accounts for 27.5% of the total open interest of $22.407 million. The whale's average entry is $1,977, with the current price at $2,148.8, implying a $2.15 trillion valuation for Anthropic. An additional buy order at $1,910 for 30 units ($57,300) remains active, and no sell orders have been observed. The whale has held a long position in ChangXin Memory since July 15, earning $2.645 million in funding fees and $3.094 million in unrealized profit, totaling over $5.7 million.
A crypto whale that earlier pulled in more than $5.7 million from a long bet on ChangXin Memory (CXMT) has been buying ANTH, the perpetual contract tied to Anthropic's valuation. On Tuesday, the whale used a time-weighted average price (TWAP) strategy to spend $694,100, lifting its ANTH position by 13.3%.
Right now, the whale holds $6.163 million in ANTH, bought at an average price of $1,977. Big position. It makes up 27.5% of the total open interest (OI), which stands at $22.407 million, showing just how concentrated this market is.
The TWAP order started at 09:55 UTC for 250 units across 11 hours and is set to keep running until 20:55 UTC. The $694,100 already spent fits into that plan, so more buying could still come. And there is also a standing bid for 30 units at $1,910, valued at $57,300. No ANTH sell orders have been seen.
ANTH is now trading at $2,148.8, which implies a $2.15 trillion market capitalization for Anthropic. The whale's cost basis of $1,977.39 points to a $1.98 trillion valuation, so the trade is in profit.
Since July 15, the whale has kept a long position in ChangXin Memory, collecting $2.645 million in funding fees and sitting on $3.094 million in unrealized profit. Put together, that is a return of more than $5.7 million.
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