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「Whale Goes Long on Precious Metals」: Whale Long on Gold and Silver Earns Over $530,000 in Weekly Profit, with a Position Return Rate of 121%

BlockBeats News, January 23rd, according to Coinbob Popular Address Monitor data, benefiting from the continuous rise in spot gold and silver prices, the "Heavy Position Long Gold Whales" have made a profit of $537,000 in the past seven days. Currently, this address still holds a concentrated long position in precious metals and has slightly rolled over its SILVER long position in recent days, with a total open interest value of about $6.15 million in gold and silver contracts. The main holding details are as follows:


PAXG (On-chain Gold) Long: Scale of about $3.23 million, average price $4,429, unrealized gain of about $350,000 (108%);


GOLD (Gold Mimetic Contract) Long: Scale of about $1.73 million, average price $4,799, unrealized gain of about $55,000 (25%);


SILVER (Silver Mimetic Contract) Long: Scale of about $1.18 million, average price increased from $79 to $91.4, unrealized gain of about $90,000 (29%);


This account prefers to heavily hold gold and silver, and the account funds have increased from about $1 million in principal to $1.74 million, with an unrealized gain of about $450,000 and an investment return of 121%.

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