"Heavy Long Positions in Precious Metals" Whale's Weekly Profit from Long Positions in Gold and Silver Exceeds $530,000, with a Return on Investment of 121%

PAXG-4,27%

BlockBeats News, January 23 — According to Coinbob Hot Address Monitoring, driven by the continuous rise in spot gold and silver prices, “heavy long positions on precious metals” whales have recorded a profit of $537,000 over the past seven days. Currently, this address still holds concentrated long positions related to precious metals, recently rolling over a small position in SILVER longs, with a total position value of approximately $6.15 million in gold and silver contracts. Its main holdings are as follows:

PAXG (On-chain Gold) Longs: approximately $3.23 million, average price $4,429, floating profit about $350,000 (108%);

GOLD (Gold Mapping Contract) Longs: approximately $1.73 million, average price $4,799, floating profit about $55,000 (25%);

SILVER (Silver Mapping Contract) Longs: approximately $1.18 million, average price increased from $79 to $91.4, floating profit about $90,000 (29%);

The account prefers heavy long positions in gold and silver. Currently, the account funds have increased from about $1 million principal to $1.74 million, with an unrealized profit of approximately $450,000, and an investment return rate of 121%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)