PANews, August 3: According to Mlm onchain monitoring, whale trader Loracle has established and continues to add to a gold long position exceeding $23 million, while simultaneously opening short positions of over $28 million in ETH and over $8 million in SNDK.
Whale Loracle Adds $23M Gold Long, Shorts $28M ETH and $8M SNDK
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Summary
Whale activity shows Loracle establishing a $23M long position in gold as of August 3, 2026, while simultaneously shorting $28M in ETH and $8M in SNDK, according to Mlm on-chain data. These moves indicate a strategic focus on key support and resistance levels across assets. The long gold position alongside crypto shorts reflects Loracle’s current directional bias. On-chain tracking reveals no other significant position changes.
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