Whale Adds 5x Leveraged Silver Position, Total Precious Metals Holdings Exceed $5.6M

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According to Blockbeats on January 20, position trading by a major whale has intensified, with a 5x leveraged long position in SILVER (silver-mapped contract). Whale address 0x271 added 10,000 units valued at $940,000, averaging $91.3 per unit. The position sizing reflects a 12% gain, or approximately $26,000. Previously, the whale liquidated a $1.88 million SILVER position on January 5, netting a $194,000 profit. Total precious metals holdings now exceed $5.64 million, including PAXG, GOLD, and SILVER. The account also holds a TSLA-mapped contract worth $560,000 and operates with 5.2x leverage and 80% margin usage. Total capital is $1.435 million, generating a 68.15% ROI and $3.8 million in monthly profits.

BlockBeats News, January 20, according to... Coinbob Popular Address Monitoring It is reported that the whale (0x271), who has heavily invested in precious metals, recently re-established a 5x leveraged long position in SILVER (a silver-mapped contract), with a position size of 10,000 units, equivalent to approximately $940,000. The average entry price was $91.3 per unit. Currently, this position has a floating profit of about $26,000 (12%).


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


PAXG (On-chain Gold) long position: size of approximately $3.05 million, average price of $4,429, floating profit of about $170,000 (58%);


GOLD (Gold Mapping Contract) long position: size of approximately $1.64 million, average price of $4,509, floating profit of approximately $64,000 (30%);


SILVER (Silver Mapping Contract) long position: size of approximately $940,000, average price of $79, floating profit of approximately $27,000 (13%);


TSLA (Tesla mapping contract): Position size is about $560,000, average price is $465, floating loss is about $45,000 (-31%).


This account prefers to heavily invest in gold and silver. The current overall leverage is approximately 5.2 times, with a margin utilization rate of about 80%. The account currently holds approximately $1.435 million in funds, achieving an investment return rate of 68.15%, with a monthly profit of $380,000.

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