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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Chatter: Meta Platforms Looking to Launch Camera-Free Smart Glasses This Fall
Are space stocks like SpaceX and Rocket Lab about to get a boost? The US confirms its first on-orbit space weapon, accelerating the "Iron Dome" program.
The U.S. military has, for the first time, publicly confirmed that the United States now possesses an on-orbit "space control weapon," and the "Iron Dome" space-based interceptor project has advanced to the "flyable hardware" stage.
Brightstar Lottery to Buy Back $395 Million of Euro-Denominated Senior Notes in Tender Offer
Euro gains against Canadian Dollar as oil prices retreat on rising US crude inventories
Crypto prices
More
