Whale floating profit of $470,000! Precious metal tokenization contract holdings exceed 4.96 million

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【BitPush】Recently, on-chain monitoring detected an interesting top address operation — a whale’s unrealized profit on a tokenized precious metals contract has exceeded $470,000. The specific distribution is as follows: PAXG contract with 10x leverage has the highest unrealized profit, reaching $340,000; xyz protocol’s gold product with 10x leverage has an unrealized profit of $55,000; silver product with 5x leverage has an unrealized profit of $72,000. The total position size of the tokenized gold contract has expanded to $4.96 million.

Considering this position size and unrealized profit margin, it indicates that the precious metals tokenization sector has attracted significant capital attention through leveraged trading. From the choice of leverage multiples, this whale’s bullish attitude towards gold appears to be more firm than towards silver.

PAXG2,58%
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ContractTearjerkervip
· 11h ago
This whale has some guts, playing gold with 10x leverage. A floating profit of 470,000 indicates the right direction was chosen.
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PumpBeforeRugvip
· 11h ago
Whales are playing with leverage again. This time, they are targeting precious metals? A floating profit of 470,000 sounds good, but the tenfold leverage just feels a bit risky...
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GamefiHarvestervip
· 11h ago
$470,000 unrealized profit? Whales are back to playing with precious metal leverage, and this position size is truly extraordinary...
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LightningPacketLossvip
· 11h ago
Whales are playing with precious metal leverage again, with a floating profit of $470,000... Does it look like gold is really about to rise?
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TokenStormvip
· 12h ago
On-chain data shows that this guy is indeed in the eye of the storm. The unrealized profit of 340,000 PAXG looks impressive, but the liquidation price is terrifying. I bet he won't withstand the next wave of correction. A position of 4.96 million. The precious metals sector is really bloodsucking. Gold with 10x leverage compared to silver's 5x. This big brother's mentality is clearly all in on gold expectations—either huge profits or total liquidation, no third option. A 10x leverage with an unrealized profit of 470,000... Wait, calculating this risk factor shows it's not far from liquidation. But then again, who hasn't gambled before? Anyway, I've long seen through the game rules, haha. This is the gap between us and the whales. They have an address with 4.96 million, while we are bottom-fishing. Honestly, their miner fees are even more than our principal. To be honest, I'm a bit tempted by XYZ's gold product arbitrage space, but leverage is like gambling—when you win, you're a genius analyst; when you lose, you're just waiting for a forced liquidation.
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