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A certain whale is 25x long on gold worth $12.6 million.

MarsBitNews
Mars Finance News, on May 24th, according to Onchain Lens monitoring, a whale is 25x long on 2,700 ounces of gold, worth $12.6 million.
The whale also holds a 20x leveraged crude oil short position, with unrealized profits exceeding $324k.
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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GateUser-08ae47f3
· 9h ago
The whale's position is my contrarian indicator; I followed it.
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YieldYardkeeper
· 9h ago
With such high leverage, the liquidation price has to be watched very closely, probably can't sleep well.
View OriginalReply0
OpcodePoet
· 9h ago
Betting 25x long on gold, is this a wager on the Federal Reserve cutting interest rates or an escalation in geopolitical conflicts?
View OriginalReply0
TheBluePeony'sProphecy
· 9h ago
Onchain Lens now monitors even gold and crude oil? The scope of their business is quite broad.
View OriginalReply0
GateUser-739338fe
· 9h ago
20x short crude oil and 25x long gold at the same time, does this guy think stagflation is coming?
View OriginalReply0

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