"Heavy Long Position on Precious Metals" whale reopens a 5x leveraged silver long position, on-chain precious metal holdings exceed $5.6 million

BlockBeats News, January 20 — According to Coinbob Hot Address Monitoring, the “Heavy Long on Precious Metals” whale (0x271) recently reopened a 5x leveraged long position in SILVER (Silver Mapping Contract), holding 10,000 coins, approximately $940,000, with an opening average price of $91.3. Currently, this position has an unrealized profit of about $26,000 (12%).

Previously, due to a short-term correction in silver prices, this address closed all 20,000 SILVER long positions (worth about $1.88 million, with an average price of $79.6) 15 days ago, realizing a profit of approximately $194,000. The address still holds concentrated long positions in precious metals, with a total position value of about $5.64 million in gold and silver contracts. The main holdings are as follows:

PAXG (On-chain Gold) Long: approximately $3.05 million, with an average price of $4,429, unrealized profit of about $170,000 (58%);

GOLD (Gold Mapping Contract) Long: approximately $1.64 million, with an average price of $4,509, unrealized profit of about $64,000 (30%);

SILVER (Silver Mapping Contract) Long: approximately $940,000, with an average price of $79, unrealized profit of about $27,000 (13%);

TSLA (Tesla Mapping Contract): approximately $560,000, with an average price of $465, unrealized loss of about $45,000 (-31%).

This account prefers heavy positions in gold and silver. The current overall leverage is about 5.2x, margin utilization is approximately 80%, with current account funds of about $1,435,000. The investment return rate is 68.15%, with a monthly profit of $380,000.