Whale floating profit of $470,000! Precious metal tokenization contract holdings exceed 4.96 million

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【BitPush】Recently, on-chain monitoring detected an interesting top address operation — a whale's unrealized profit on a tokenized precious metals contract has exceeded $470,000. The specific distribution is as follows: PAXG contract with 10x leverage has the highest unrealized profit, reaching $340,000; xyz protocol's gold product with 10x leverage has an unrealized profit of $55,000; silver product with 5x leverage has an unrealized profit of $72,000. The total position size of the tokenized gold contract has expanded to $4.96 million.

Considering this position size and unrealized profit margin, it indicates that the precious metals tokenization sector has attracted significant capital attention through leveraged trading. From the choice of leverage multiples, this whale's bullish attitude towards gold appears to be more firm than towards silver.

PAXG-0.43%
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