Opened a 23M Short-term Position in Gold Long, 'Gold Bull Main Force' Prominently Chases After Price Surges Above $4900

BlockBeats News, February 3rd, according to Hyperinsight monitoring, as the spot gold price continued to rise today, reaching as high as $4,900 per ounce, the "Gold Main Force Bull" (0xb49...) began accumulating positions around $4,800 and increased its position to about $22.8 million in two hours.

Currently, the address holds a 16x leveraged xyz:GOLD (gold mapping contract) long position, with a scale of about $22.8 million, an average price of $4,839, a liquidation price of $4,580, and a realized floating profit of about $230,000 (+11%).

In addition, the address has closed all its previous ETH positions totaling about $28 million last night and this morning. It currently does not hold any cryptocurrency assets, only concentrating on precious metal long positions in xyz:GOLD and xyz:SILVER (silver mapping contract), with a total position size of about $25.16 million.