PRECIOUS METALS | Whale Shows $2.9 Million Unrealized Profit on Leveraged Gold and Silver Positions
A significant investor, often referred to as a whale, is currently displaying over $2.9 million in unrealized profit from leveraged short positions in gold and silver. According to NS3.AI, the whale has utilized 4x leverage on gold and 3x leverage on silver, with the total positions amounting to approximately $32 million. This strategic move highlights the investor's confidence in the declining value of these precious metals, potentially influencing market sentiment.
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