Woofun AI data shows that a whale holding 20x leveraged long positions in Alphabet (GOOGL) faces an unrealized loss of approximately 38.8%, with a liquidation price around $274.6. The position, established on July 20 at an average price of $356.2, has declined despite a partial exit of 1,199 units. The largest holder maintains a $17.1 million bullish position opened on May 28, currently down 52%. GOOGL trades at $349.2, retracing gains from the April TPU sales announcement, while semiconductor peers like MU and SKHY rebound. Alphabet will release its Q2 earnings after market close on July 22, becoming the first of the "Big Seven" to report. Market attention centers on the delay of Gemini 3.5 Pro, the return on $180 billion to $190 billion in 2026 capital expenditure, and whether Cloud and TPU sales can offset investment pressure.