An address has taken a 20x long position in gold, with a scale of $8.6 million.

BlockBeats news, September 16th, according to TradingBeats monitoring, this morning, an address starting with 0x5f96 accumulated a GOLD long position of approximately $8.668 million on Hyperliquid through a 90-minute TWAP, with an average entry price of about $4,304.86.

The TWAP execution prices ranged from $4,294.9 to $4,313.6. This gold position uses 20x cross margin leverage, with a principal of about $437,000.

As of press time, GOLD is temporarily reported at $4,339, and the position has an unrealized profit of about $68,700. Currently, this address has not shown new add or reduce position trades, nor public orders.