Precious metals whales profit $537,000 in seven days, with the most substantial unrealized gains on PAXG long positions

SerumDegen · 2026-01-23T07:12:13+00:00

Recently, a major trader has made significant profits in precious metal contracts, earning $537,000 over the past seven days. Their holding strategy remains bullish, with an overall investment return of 121%. Their main investments are concentrated in on-chain gold and gold-mapped contracts, which have performed particularly well.

SerumDegen

2026-01-23 07:12:13

Abstract generation in progress

【BlockBeats】A major account has been quite active recently in precious metals contracts. According to on-chain address tracking data, this whale account heavily betting on gold and silver has already earned $537,000 over the past seven days.

Currently, the position strategy of this address remains unchanged, still closely watching the bullish trend in precious metals, with a recent slight adjustment to the silver position. The total holdings in gold and silver contracts amount to approximately $6.15 million, distributed across several mainstream precious metal products.

Specifically, PAXG (on-chain gold) is the most profitable—$3.23 million in size, with an average buy-in price of $4,429, now with an unrealized profit of $350,000 and a return rate of 108%. GOLD (gold mapping contract) follows closely, with a $1.73 million position, an average price of $4,799, an unrealized profit of $55,000, and a 25% return. As for silver, with a $1.18 million size, the average cost has risen from $79 to $91.4, with an unrealized profit of $90,000 and a 29% return.

The overall performance of this account is even more impressive—starting with a principal of $1 million, the total account value has reached $1.74 million, with an unrealized profit of $450,000, and an overall return on investment of 121%. It seems this player has indeed caught the right rhythm in this wave of precious metals行情.

PAXG2,2%

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quietly_staking

· 5h ago

Currently, whales are all into precious metals. I'm just wondering why the market is so hot, and an 108% return makes me envious.

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SerumSquirrel

· 5h ago

Bro, your luck is too good. PAXG directly yields 108%? How good is your sense of smell? I just want to know how he timed his entry point so precisely.

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MultiSigFailMaster

· 5h ago

Wow, PAXG doubles directly, this guy really treats precious metals as a printing machine... Now jumping in following the trend might just make you the bag holder, feels a bit late. Such large-scale whale movements must have logic we can't see, but if you can't play, just don't touch it. 108% return... Oh my, I've lost my underwear, is this the gap? Is gold really that stable? Feels much more reliable than the crypto world... Wait, what will this address do next? Is it going to dump? I need to keep an eye on it.

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WagmiWarrior