Whale Opens $10.25M GOLD and SILVER Long Positions on Hyperliquid

iconKuCoinFlash
Share
AI summary iconSummary
A whale on Hyperliquid (address 0xc26c) has opened $10.25M in long positions for GOLD and SILVER, according to on-chain trading signals. The address holds 669.64 GOLD and 131,800 SILVER contracts, with unrealized profits of $160,000. GOLD is traded at 1x leverage, SILVER at 2x. Contract prices are up 1.6% from entry, near key support and resistance levels. The whale has previously traded these assets.
ME AI message, according to TradingBeats monitoring, a Hyperliquid address (starting with 0xc26c) established long positions in GOLD and SILVER overnight, currently holding approximately 669.64 GOLD longs and 131,800 SILVER longs, with position values of about $2.78 million and $7.47 million respectively, totaling approximately $10.25 million, with unrealized profits of around $160,000. The GOLD position uses 1x full-margin leverage, while the SILVER position uses 2x full-margin leverage.

This address has previously traded GOLD and SILVER multiple times; as of publication, GOLD and SILVER contracts on Hyperliquid are quoted at approximately $4,153.90 and $56.66, respectively, both up about 1.6% from the address’s average holding price.

(Source: BlockBeats)
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.