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"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%
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%.