Turning Bullish on Precious Metals? Whale Subaddress Loracle Opens New Gold and Copper Long Positions
According to on-chain data monitoring, the whale Loracle's sub-address newly opened 10x leveraged gold longs and 1x leveraged copper longs this morning, subsequently adding to the positions continuously. Currently, it holds 40.0251 xyz:GOLD in gold longs and 2,200.04 xyz:COPPER in copper longs, both of which are in unrealized profit.
Additionally, Loracle's short positions remain mostly at a loss:
Shorting HYPE worth $38.19 million, with an unrealized loss of $13.65 million.
Shorting SNDK worth $27.60 million, with an unrealized loss of $5.07 million.
Shorting NVDA worth $19.80 million, with an unrealized loss of $0.62 million.
Shorting MU worth $11.03 million, with an unrealized loss of $1.91 million.
Shorting PONS worth $18.30 million, with an unrealized loss of $1.32 million.
Shorting PLTR worth $4.01 million, with an unrealized loss of $17,000.
Shorting CASHCAT worth $3.62 million, showing an unrealized gain of $770,000.
Shorting CRWV worth $1.75 million, showing an unrealized gain of $270,000.
