「Whale Goes Long on Precious Metals」: Whale Long on Gold and Silver Earns Over $530,000 in Weekly Profit, with a Position Return Rate of 121%

On January 23, data from the **Coinbob Popular Address Monitor** shows the "Heavy Position Long Gold Whales" have realized a $537,000 profit over the past seven days—driven by the ongoing rally in spot gold and silver prices. Currently, this address still holds concentrated long positions in precious metals, with a slight rollover of its silver long position in recent days. The total open interest value of its gold and silver contracts is approximately $6.15 million. Key holding details: - **PAXG (On-chain Gold) Long**: ~$3.23 million position size, average entry price $4,429, unrealized gain ~$350,000 (108%); - **GOLD (Gold Mimetic Contract) Long**: ~$1.73 million position size, average entry price $4,799, unrealized gain ~$55,000 (25%); - **SILVER (Silver Mimetic Contract) Long**: ~$1.18 million position size, average entry price rose from $79 to $91.4, unrealized gain ~$90,000 (29%). The account favors heavy gold and silver positions. Its funds have grown from an initial $1 million principal to $1.74 million, with an unrealized gain of ~$450,000 and a 121% investment return.