A whale with a $4.7M position FOMOed into gold, becoming the whale with the closest liquidation address among existing on-chain whales

BlockBeats News, April 1st, according to Hyperinsight monitoring, a whale with an address starting with 0x198 today opened a 25x leveraged long position on GOLD (Gold), with a scale of 4.24 million U.S. dollars, an average position price of 4,610 U.S. dollars, and a liquidation price of 4,606 U.S. dollars.

As the spot price of gold rose above $4,720, the current unrealized gain of this position has reached $114,000 (+60%). Among all whales holding PAXG and GOLD gold positions on-chain, this address is the closest to the liquidation price.