"Whale Replenishes Long Position in Precious Metals" with 5x Leverage on Silver, On-chain Precious Metals Holdings Exceed $5.6 Million

**January 20 Update** Per data from Coinbob Popular Address Tracker (Telegram: https://t.me/Coinbob_track_CN), the whale labeled “Heavy Precious Metals Position” (address: 0x271) has opened a new 5x leveraged long position in SILVER (Silver Mapping Contract). The latest position holds 10,000 coins (~$940,000) with an entry price of $91.3, currently holding an unrealized profit of ~$26,000 (12%). Fifteen days prior, the whale closed its original 20,000 SILVER long position (~$1.88 million, entry $79.6) amid a short-term silver price pullback, locking in ~$194,000 in profits. As of now, the address maintains a concentrated precious metals long position, with total gold and silver contract holdings valued at ~$5.64 million. Key holdings breakdown: - **PAXG (On-chain Gold) Long**: ~$3.05 million, entry $4,429 → Unrealized profit ~$170,000 (58%) - **GOLD (Gold Mapping Contract) Long**: ~$1.64 million, entry $4,509 → Unrealized profit ~$64,000 (30%) - **SILVER (Silver Mapping Contract) Long**: ~$940,000, entry $79 → Unrealized profit ~$27,000 (13%) - **TSLA (Tesla Mapping Contract)**: ~$560,000, entry $465 → Unrealized loss ~$45,000 (-31%) The account favors heavy exposure to gold and silver, with current metrics: - Leverage: ~5.2x - Margin utilization: ~80% - Total account funds: ~$1.435 million - Investment return rate: 68.15% - Monthly profit: ~$380,000