「Heavyweight Whale Goes Long on Precious Metals」 Again, Bullish on Silver after Pocketing Over $1.2 Million in Monthly Gains, Doubling Principal

BlockBeats News, January 28th, according to Coinbob Popular Address Monitor data, in the recent strong trend of spot gold and silver prices, the "Heavy Position Long Gold Whales" has accumulated a profit of over $1.2 million in the past 30 days, compared to an account size of about $1 million in December last year, achieving a doubling of the principal.

The address completely closed a long position of 16,000 SILVER (Silver Mapping Contract) within the past day, with a position value of about $1.81 million, recording a profit of about $268,000. Subsequently, it reopened a new position of 2.2 million SILVER long contracts today, and the current position is already in a floating profit state. Currently, the address's holdings are still highly concentrated in the precious metals long direction, with a total holding value of about $7.56 million in gold and silver contracts, and it continues to be bullish on the future of precious metals. The main holding information is as follows:

PAXG (On-chain Gold) Long: Scale of about $3.43 million, average price $4,429, floating profit of about $550,000 (161%);

SILVER (Silver Mapping Contract) Long: Scale of about $2.29 million, average price $111, floating profit of about $67,000 (13%);

GOLD (Gold Mapping Contract) Long: Scale of about $1.84 million, average price $4,799, floating profit of about $162,000 (49%);

The account prefers to heavily hold gold and silver positions, and the account funds have increased from about $1 million in principal to $2.23 million, with a floating profit of about $700,000 and an investment return of 170%.