Whale Posts 38.8% Loss on Alphabet Before Earnings, Built 20x Leverage Position on July 20

According to BlockBeats citing Hyperinsight monitoring, a whale using 20x leverage accumulated 6,700 Alphabet (GOOGL) shares on July 20 at an average price of $356.2, totaling approximately $2.37 million. The whale has since posted floating losses of 38.8%, with current holdings worth $1.92 million and a liquidation price of $274.6.

Alphabet is set to report Q2 earnings after U.S. market close on July 22, becoming the first of the "Magnificent Seven" to report. The earnings call is scheduled for 4:30 a.m. Beijing time on July 23. Key focus areas include Gemini 3.5 Pro delays, whether $180–190 billion in planned 2026 capital expenditures deliver returns, and whether Cloud and TPU sales can offset the investment pressure.