Whale Loracle's Subaddress Opens Gold and Copper Longs Amid Mixed Short Positions

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Whale activity shows that Loracle’s subaddress opened a 10x leveraged long position in gold and a 1x leveraged long position in copper this morning, with ongoing accumulation. The gold long holds 40.0251 xyz:GOLD, and the copper long holds 2,200.04 xyz:COPPER, both with floating profits. Most of Loracle’s short positions remain underwater, including HYPE, SNDK, NVDA, MU, PONS, and PLTR. Small gains are evident on CASHCAT and CRWV. Traders are monitoring key support and resistance levels, as whale movements often signal potential market shifts.

On-chain data shows that the whale Loracle opened 10x leveraged long positions in gold and 1x leveraged long positions in copper on a new subaddress this morning, followed by continuous position additions. Currently, Loracle holds 40.0251 xyz:GOLD in gold longs and 2,200.04 xyz:COPPER in copper longs, both in profit. Additionally, Loracle’s short positions remain largely underwater: - Shorted $38.19M in HYPE, with an unrealized loss of $13.65M. - Shorted $27.6M in SNDK, with an unrealized loss of $5.07M. - Shorted $19.8M in NVDA, with an unrealized loss of $620K. - Shorted $11.03M in MU, with an unrealized loss of $1.91M. - Shorted $18.3M in PONS, with an unrealized loss of $1.32M. - Shorted $4.01M in PLTR, with an unrealized loss of $17K. - Shorted $3.62M in CASHCAT, with an unrealized profit of $770K. - Shorted $1.75M in CRWV, with an unrealized profit of $270K.

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