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Precious metals whales profit $537,000 in seven days, with the most substantial unrealized gains on PAXG long positions
【BlockBeats】A major account has been quite active recently in precious metals contracts. According to on-chain address tracking data, this whale account heavily betting on gold and silver has already earned $537,000 over the past seven days.
Currently, the position strategy of this address remains unchanged, still closely watching the bullish trend in precious metals, with a recent slight adjustment to the silver position. The total holdings in gold and silver contracts amount to approximately $6.15 million, distributed across several mainstream precious metal products.
Specifically, PAXG (on-chain gold) is the most profitable—$3.23 million in size, with an average buy-in price of $4,429, now with an unrealized profit of $350,000 and a return rate of 108%. GOLD (gold mapping contract) follows closely, with a $1.73 million position, an average price of $4,799, an unrealized profit of $55,000, and a 25% return. As for silver, with a $1.18 million size, the average cost has risen from $79 to $91.4, with an unrealized profit of $90,000 and a 29% return.
The overall performance of this account is even more impressive—starting with a principal of $1 million, the total account value has reached $1.74 million, with an unrealized profit of $450,000, and an overall return on investment of 121%. It seems this player has indeed caught the right rhythm in this wave of precious metals行情.