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PerpNightwatch

The king of short sellers adds to his gold short positions; this move looks like he's betting on a stagflation scenario.

PAXG0.19%
XAU0.20%
View Original
CoinNetwork
CoinWorld News: The commodity trader "WTI Crude Oil TOP 1 Short" increased their GOLD short positions by 115.28 contracts, approximately $495,033.38, bringing the total position to $5,487,515.08. The average price was adjusted from $4,347.42 to $4,346.35. Currently, this short position has an unrealized profit of $10,701.06 (+3.90%), with a current price of $4,337.89 and a liquidation price of $5,845.28. Additionally, the trader also holds a $33 million WTI crude oil short position, prefers to open commodity-related positions, indirectly involved in US stock-related trading, with a monthly profit of about $17 million.
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