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GOLD & SILVER crashing 🥶 and this guy timed it perfectly… no other way to say it.
Currently the largest on-chain #GOLD & #Silver short -- is now sitting on over $8.3M in profit as both markets dropped.
And the positions is really heavy👇
He’s running a 4x isolated short on GOLD, with a position size of about $30.63M. Entry came in around $4,972, while current price sits near $4,166, putting that trade alone up roughly $5.88M (+42.9%). Liquidation is far up at $5,918, with about $13.7M margin backing it.
On top of that, there’s a 3x isolated short on SILVER, sized at around $11M. Entry near $76.72, current price around $62.42 -- that’s another ~$2.49M profit (+36%). Margin here is about $6.92M, with liquidation up at $99.85.
Put it together, and yup… both legs are deep in profit at the same time. Total exposure is around $41.6M, and every bit of it is leaning short. And right now… it’s paying off big.
Anyways here is his address👇
0xacb66d1996501bcc82a0e7819c9e041599f5efbd