A position of $8.668 million: a certain address is using 20x leverage to go long on gold

Odaily reported that earlier this morning, a certain address accumulated GOLD long positions on Hyperliquid via a 90-minute TWAP, with an average entry price of approximately $4,304.86. Transaction prices ranged from $4,294.9 to $4,313.6. The position used 20x cross-margin leverage, with principal of about $437,000. At the time of publication, GOLD was quoted at $4,339, and the position had an unrealized profit of approximately $68,700. There have been no new additions, reductions, or open orders for the position.