Trade.xyz PLTR Open Interest Rises 15% Ahead of Palantir Earnings

Open interest in PLTR perpetual contracts tied to Palantir Technologies Inc. rose 15.2% over four hours on Trade.xyz as one account opened a roughly $938,200 long position ahead of earnings. The venue’s notional PLTR open interest grew from about $5.99 million to $6.9 million, a gain of roughly $910,000. The new position was equivalent to about 13.5% of open interest at the later reading and accounted for most of the increase. The account’s address begins 0x9546. It built the long through an order that spread execution over time, at an average entry price of $187.64.

Source: TokenPost