BlockBeats News, January 29th, according to lookonchain monitoring, Whale Address 0x8709 has been continuously buying spot gold, while also longing silver and gold, and shorting NVDA. The specific operations are as follows:
Spent 5.6 million USDC to buy 1,066 $XAUT at a price of $5,261;
Deposited 3.5 million USDC to Hyperliquid, opened long positions:
53,528 SILVER (approximately $6.48 million);
158.36 GOLD (approximately $876,000);
Also shorted 4,229 shares of NVDA (approximately $809,000).
Address: 0x8709ac3CeaAe2a7A70c1D8e39DF9804def7cAC54
