Sky Mavis Goes Long on Gold with 20x Leverage and Simultaneously Closes Out a Short Position on the S&P 500

BlockBeats News, March 23rd, according to OnchainLens monitoring, as the spot gold price continues to fall, Sky Mavis co-founder Rune has opened a 20x leveraged long position on gold.

Meanwhile, he is in the process of closing his short position on the S&P 500 ($SP500) and still has TWAP orders in place to buy and sell into that position.